Bitcoin mining hosting and cloud services company Applied Digital completes $2.15 billion bond financing

CycleProphet · 2026-03-04T02:53:20+00:00

Bitcoin mining hosting company Applied Digital completes $2.15 billion bond financing to build the AI data center Polaris Forge 2 in North Dakota, expected to generate approximately $5 billion in revenue over 15 years.

CycleProphet

2026-03-04 02:53:20

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Deep Tide TechFlow News, March 4 — According to Bloomberg, Bitcoin mining hosting and cloud services company Applied Digital has completed $2.15 billion in bond financing to build its AI data center campus, Polaris Forge 2, 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.

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