Applied Digital, formerly Applied Blockchain, pivoted from chasing crypto to powering AI by providing infrastructure and data centers optimized for speed and scale. With long-term agreements with CoreWeave and US Grade Investment Hyperscaler, its lease revenue is projected to approximately $16 billion over the next 15 years. By locating its facilities near renewable energy sources, Appiled Digital utilizes the sustainable power sources and natural cooling to lower emissions and operation costs. The analysts' consensus is strong buy with a high target price of $56, representing almost 70% upside from its current price of $33.50.