$11.0B (estimate) — CoreWeave leases capacity from Applied Digital's Ellendale, ND (Polaris Forge 1) campus under two ~15-year leases, initially 250MW/~$7B projected revenue, expanded by 150MW in Aug 2025 to roughly $11B combined, amended again April 2026.
$11.0B (estimate) — CoreWeave leases capacity from Applied Digital's Ellendale, ND (Polaris Forge 1) campus under two ~15-year leases, initially 250MW/~$7B projected revenue, expanded by 150MW in Aug 2025 to roughly $11B combined, amended again April 2026.
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$11.0B (estimate) — CoreWeave leases capacity from Applied Digital's Ellendale, ND (Polaris Forge 1) campus under two ~15-year leases, initially 250MW/~$7B projected revenue, expanded by 150MW in Aug 2025 to roughly $11B combined, amended again April 2026.
This is a hypothesized partial answer to CoreWeave (delayed-draw term loan facility (disclosed at Q2 2026 earnings), 2026-08-11) → CoreWeave (capital (treasury/financing facet)) — not a confirmed decomposition of its figure, and not counted toward any total.
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