Bitcoin mining hosting and cloud service company Applied Digital has completed a $2.15 billion bond financing

According to Bloomberg, Bitcoin mining hosting and cloud services company Applied Digital has completed a $2.15 billion bond financing to build its AI data center campus Polaris Forge 2 located in Harwood, North Dakota, USA, which has been leased to Oracle.

Applied Digital previously stated that the data center project is expected to generate approximately $5 billion in revenue over an estimated 15-year contract period.