jain.com

Combined hosting capacity of approximately 500 MW

Company: Applied Digital

Subject kind
guidance
Statement date
2023-05-15
Promised amount
500.0 MW
Current status
stated

The claim, verbatim

Combined facilities across Jamestown, Garden City, and Ellendale will provide total hosting capacity of roughly 500 MW

Source (primary)

Applied Digital 424B3 filed 2023-05-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “Combined, these facilities will provide total hosting capacity of roughly 500 MW.”

How we checked this

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

The document states the combined facilities will provide roughly 500 MW and identifies the two North Dakota sites and Garden City, TX as those facilities.

Confirmed in the source:

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: “Combined, these facilities will provide total hosting capacity of roughly 500 MW.”

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