Marathon Digital five-year hosting contract for 309.6 MW total
Company: Applied Digital - Project: Jamestown
The claim, verbatim
Applied Digital entered into a five-year hosting contract with Marathon Digital Holdings for 270 MW of mining capacity, with Marathon subsequently adding 39.6 MW of additional capacity at Jamestown, North Dakota
Source (primary)
Applied Digital 424B3 filed 2023-05-16 (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.
The document states the 270 MW five-year Marathon contract and the added 39.6 MW at Jamestown.
Confirmed in the source:
- Applied Digital entered a five-year hosting contract with Marathon Digital Holdings for 270 MW
- Marathon subsequently added 39.6 MW of additional capacity at the Jamestown, North Dakota facility
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487923000134/apld-424b3finalprospectus0.htm) in full (53,370 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 424B3 filed 2023-05-16
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.”