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Futures
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Alpha Points
NEW
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VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
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Stake BTC and earn 10% APR
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Applied Digital will raise $2.35 billion through the issuance of senior secured notes.
Golden Finance reports that Applied Digital, a Nasdaq-listed Bitcoin mining custody and cloud services company, announced it will raise $2.35 billion through its subsidiary APLD ComputeCo LLC by issuing senior secured notes. This issuance will be conducted via a private sale and is expected to be completed around November 20, 2025, with the exact timing depending on market and other conditions. The new funds will be used for the construction of its data center campus.