Additional crypto hosting capacity coming online
Company: Applied Digital
The claim, verbatim
246 MW additional crypto hosting capacity coming online, contracted for under multi-year arrangements
Source (primary)
Applied Digital 8-K filed 2023-06-26 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We currently have 240MW online and servicing our crypto mining customers with an additional 246MW coming online, all of which is contracted for under multi-year arrangements.”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states the 246 MW coming online and that all is contracted under multi-year arrangements.
Confirmed in the source:
- Applied Digital has an additional 246 MW of crypto hosting capacity coming online
- This additional capacity is contracted under multi-year arrangements
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487923000163/apld-20230626.htm) in full (11,186 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2023-06-26
Quote: “We currently have 240MW online and servicing our crypto mining customers with an additional 246MW coming online, all of which is contracted for under multi-year arrangements.”