PANews May 4 news, according to Globenewswire, Bitcoin mining hosting and cloud service company Applied Digital announced that it has secured $300 million in senior secured bridge financing led by Goldman Sachs to advance the construction of its AI data center project. This financing is secured by project assets, can be repaid early at any time without penalties, and in the future will seek additional long-term financing to support the development and construction of the AI data center.

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