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Crypto datacenter customers with full capacity contracted

Company: Applied Digital

Subject kind
customer
Statement date
2023-08-01
Current status
stated

The claim, verbatim

Service contracts with Spring Mud LLC, Bitmain Technologies Limited, Arrakis Inc., Hashing LLC, Marathon Digital Holdings Inc., and Global Operating Infrastructure LLC who have collectively contracted to use entire capacity of three crypto hosting datacenters

Source (primary)

Applied Digital 10-K filed 2023-08-02 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “We have entered into service contracts with Spring Mud, LLC (a subsidiary of GMR Limited) Bitmain Technologies Limited, Arrakis, Inc., Hashing LLC, Marathon Digital Holdings, Inc., and Global Operating Infrastructure, LLC ("GOI"), who have collectively contracted to use the entire capacity of our three crypto hosting datacenters.”

How we checked this

Checked on September 21, 2026. The cited source supports every part of this claim.

The document lists all six customers and states they contracted the entire capacity of the three crypto datacenters.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487923000176/apld-20230531.htm) in full (291,995 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 10-K filed 2023-08-02

Quote: “We have entered into service contracts with Spring Mud, LLC (a subsidiary of GMR Limited) Bitmain Technologies Limited, Arrakis, Inc., Hashing LLC, Marathon Digital Holdings, Inc., and Global Operating Infrastructure, LLC ("GOI"), who have collectively contracted to use the entire capacity of our three crypto hosting datacenters.”

View cached copy (2026-09-13)Live source ↗