Marathon Digital Holdings hosting contract
Company: Applied Digital - Project: Garden City
The claim, verbatim
Five-year hosting contract for 270 MW of capacity (90 MW in Texas, 180 MW in North Dakota), plus additional 39.6 MW at Jamestown
Source (primary)
Applied Digital S-3 filed 2023-05-17 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On July 12, 2022, the Company entered into a five-year hosting contract with Marathon Digital Holdings, Inc. ("Marathon") for 270 MW of mining capacity. As a result of this arrangement, the Company will supply Marathon with 90 MW of hosting capacity at its facility in Texas and 180 MW of hosting capacity at its second facility in North Dakota. Marathon has subsequently added 39.6 MW of additional capacity at the Company's Jamestown, North Dakota facility.”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
All figures and the split between Texas and North Dakota plus the added 39.6 MW are stated verbatim.
Confirmed in the source:
- Applied Digital entered a five-year hosting contract with Marathon Digital Holdings for 270 MW of mining capacity on July 12, 2022
- 90 MW is to be supplied in Texas and 180 MW at the second North Dakota facility
- Marathon subsequently added 39.6 MW of capacity at the Jamestown, North Dakota facility
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487923000148/apld-forms3shelfregistrati.htm) in full (99,038 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-3 filed 2023-05-17
Quote: “On July 12, 2022, the Company entered into a five-year hosting contract with Marathon Digital Holdings, Inc. ("Marathon") for 270 MW of mining capacity. As a result of this arrangement, the Company will supply Marathon with 90 MW of hosting capacity at its facility in Texas and 180 MW of hosting capacity at its second facility in North Dakota. Marathon has subsequently added 39.6 MW of additional capacity at the Company's Jamestown, North Dakota facility.”