Applied Digital Secures $300 Million Goldman Sachs-Led Bridge Loan for AI Data Center Construction
2026-05-04 12:56
Odaily Odaily Planet Daily News Bitcoin mining hosting and cloud services company Applied Digital announced it has secured a $300 million senior secured bridge loan led by Goldman Sachs. The financing will be used to advance its AI data center project construction. The loan is secured by project assets, can be prepaid at any time without penalty, and the company will seek additional long-term financing to support the development and construction of AI data centers. (Globenewswire)
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