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    Home»News»Applied Digital secures $300M bridge loan for AI data center (APLD:NASDAQ)
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    Applied Digital secures $300M bridge loan for AI data center (APLD:NASDAQ)

    Press RoomBy Press RoomMay 4, 2026No Comments1 Min Read
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    Cryptocurrency mining rigs in a data center

    luza studios/E+ via Getty Images

    • Applied Digital (APLD) has secured a $300M senior secured bridge loan led by Goldman Sachs (GS) to support the development of its third AI data center at the Polaris Forge 1 campus in North Dakota.
    • The financing includes a 364-day term
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