Applied Digital Announces Long-Term Lease Agreement for 300MW Polaris Froge 3 Hyperscaler Facility

Applied Digital (APLD) announced a long-term lease agreement for its 300MW hyperscale data center, Polaris Froge 3. The news led to an over 8% surge in after-hours trading as the stock continued its strong monthly performance.

By Sara Sethiya, SA News Editor · Seeking Alpha · May 20, 2026, 21:16 UTC

Tickers: $APLD

Topics: Applied Digital lease agreement stock rally

Read the full article at Seeking Alpha

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