MQG invested US$5 billion in Applied Digital Corporation in January 2025, becoming their biggest investor.
Applied Digital specializes in creating ground-up, purpose-built data centers for AI factories, equipped with advanced cooling and power solutions designed for optimal energy efficiency and scalability. Their cloud services enable businesses to access scalable, secure, and high-performance computing resources without the management burden of in-house IT. Additionally, Applied Digital supports crypto mining infrastructure.
Their infrastructure solutions emphasize flexibility, reliability, and scalability tailored to the demands of accelerated computing, AI-driven innovation, and future computing roadmaps. The company is active in expanding data centers in locations like North Dakota and Texas with a unique focus on rural revitalization through these high-tech projects.
Since the January Applied Digital share price has risen 114%. What a great investment!
MQG Price at posting:
$218.41 Sentiment: Buy Disclosure: Held
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