Planned crypto datacenter capacity expansion
Company: Applied Digital
The claim, verbatim
Additional 246 MW crypto hosting capacity coming online under multi-year contracted arrangements
Source (primary)
Applied Digital 424B5 filed 2023-06-26 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “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 an additional 246 MW is coming online, all contracted under multi-year arrangements.
Confirmed in the source:
- An additional 246 MW of crypto hosting capacity is 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/1144879/000114487923000166/apld-preliminaryprospectus.htm) in full (176,255 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 424B5 filed 2023-06-26
Quote: “with an additional 246MW coming online, all of which is contracted for under multi-year arrangements”