According to Bloomberg, Bitcoin mining custody and cloud service 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 the data center project is expected to generate approximately $5 billion in revenue over a contract period of about 15 years.
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According to Bloomberg, Bitcoin mining custody and cloud service 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 the data center project is expected to generate approximately $5 billion in revenue over a contract period of about 15 years.