Bitcoin Mining Hosting and Cloud Services Company Applied Digital Completes $2.15 Billion Bond Financing

Odaily News Bitcoin mining hosting and cloud services company Applied Digital has completed a $2.15 billion bond financing to fund the construction of its Polaris Forge 2 AI data center campus in Harwood, North Dakota, USA. The facility has been leased to Oracle. Applied Digital previously stated that this data center project is expected to generate approximately $5 billion in revenue over a contract period of about 15 years. (Bloomberg)