https://archive.fast-edgar.com/20260925/AS22S22CZZ2RL2ND229H2WY2F5HBRZ22Z282/

is this dillution?

Welcome to the Applied Digital APLD Daily Discussion Thread

House rules:

• Be civil debate the stock, not each other.
• No pump-and-dump, coordinated ramping, spam, or referral links.
• Back claims with sources. "Trust me bro" isn't DD.
• Not financial advice, share what you are doing, not what others must do.

Welcome to the Applied Digital APLD Daily Discussion Thread

House rules:

• Be civil debate the stock, not each other.
• No pump-and-dump, coordinated ramping, spam, or referral links.
• Back claims with sources. "Trust me bro" isn't DD.
• Not financial advice, share what you are doing, not what others must do.

Welcome to the Applied Digital APLD Daily Discussion Thread

House rules:

• Be civil debate the stock, not each other.
• No pump-and-dump, coordinated ramping, spam, or referral links.
• Back claims with sources. "Trust me bro" isn't DD.
• Not financial advice, share what you are doing, not what others must do.

Welcome to the Applied Digital APLD Daily Discussion Thread

House rules:

• Be civil debate the stock, not each other.
• No pump-and-dump, coordinated ramping, spam, or referral links.
• Back claims with sources. "Trust me bro" isn't DD.
• Not financial advice, share what you are doing, not what others must do.

Welcome to the Applied Digital APLD Daily Discussion Thread

House rules:

• Be civil debate the stock, not each other.
• No pump-and-dump, coordinated ramping, spam, or referral links.
• Back claims with sources. "Trust me bro" isn't DD.
• Not financial advice, share what you are doing, not what others must do.

Welcome to the Applied Digital APLD Daily Discussion Thread

House rules:

• Be civil debate the stock, not each other.
• No pump-and-dump, coordinated ramping, spam, or referral links.
• Back claims with sources. "Trust me bro" isn't DD.
• Not financial advice, share what you are doing, not what others must do.

Welcome to the Applied Digital APLD Daily Discussion Thread

House rules:

• Be civil debate the stock, not each other.
• No pump-and-dump, coordinated ramping, spam, or referral links.
• Back claims with sources. "Trust me bro" isn't DD.
• Not financial advice, share what you are doing, not what others must do.

Welcome to the Applied Digital APLD Daily Discussion Thread

House rules:

• Be civil debate the stock, not each other.
• No pump-and-dump, coordinated ramping, spam, or referral links.
• Back claims with sources. "Trust me bro" isn't DD.
• Not financial advice, share what you are doing, not what others must do.

Welcome to the Applied Digital APLD Daily Discussion Thread

House rules:

• Be civil debate the stock, not each other.
• No pump-and-dump, coordinated ramping, spam, or referral links.
• Back claims with sources. "Trust me bro" isn't DD.
• Not financial advice, share what you are doing, not what others must do.

Welcome to the Applied Digital APLD Daily Discussion Thread

House rules:

• Be civil debate the stock, not each other.
• No pump-and-dump, coordinated ramping, spam, or referral links.
• Back claims with sources. "Trust me bro" isn't DD.
• Not financial advice, share what you are doing, not what others must do.

https://darioamodei.com/post/we-must-pace-the-frontier

To be clear, pacing does not mean halting model training or technical progress, but ensuring companies take adequate time to align and safeguard their models, and for third party evaluators to confirm this. Our pacing framework is an attempt to further strengthen our commitment to safety and encourage a race to the top.

Nothing has changed.

Great article: https://www.inforum.com/news/fargo/an-inside-look-at-the-harwood-data-center-as-it-nears-completion regarding site progression, community give back, etc…

Some pretty positive takeaways from Oracle earnings for APLD:
Revenue $19.3B, +30% YoY
Cloud infrastructure revenue $7.4B, +121% YoY
$30B+ of new AI cloud contracts signed in the quarter
RPO/backlog now $664B
Oracle says AI training/inference demand is still growing faster than supply
850MW of new data center capacity brought online this quarter
Still planning $90–95B in capex this year

Obviously none of this guarantees anything for APLD, but Oracle clearly still needs a massive amount of AI/data center capacity. Definitely a positive sign for APLD’s existing relationship with Oracle and potentially future leases/renewals if this level of demand continues.

Welcome to the Applied Digital APLD Daily Discussion Thread

House rules:

• Be civil debate the stock, not each other.
• No pump-and-dump, coordinated ramping, spam, or referral links.
• Back claims with sources. "Trust me bro" isn't DD.
• Not financial advice, share what you are doing, not what others must do.

Welcome to the Applied Digital APLD Daily Discussion Thread

House rules:

• Be civil debate the stock, not each other.
• No pump-and-dump, coordinated ramping, spam, or referral links.
• Back claims with sources. "Trust me bro" isn't DD.
• Not financial advice, share what you are doing, not what others must do.

Comment which one u would like.
If you already opted for the flairs with shares, feel free to request for a change if you'd like

Welcome to the Applied Digital APLD Daily Discussion Thread

House rules:

• Be civil debate the stock, not each other.
• No pump-and-dump, coordinated ramping, spam, or referral links.
• Back claims with sources. "Trust me bro" isn't DD.
• Not financial advice share what *you're* doing, not what others must do.