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Marathon Digital Holdings hosting contract

Company: Applied Digital - Project: Ellendale

Subject kind
customer
Statement date
2023-05-15
Promised amount
270.0 MW
Current status
stated

The claim, verbatim

Five-year hosting contract with Marathon Digital Holdings for 270 MW of mining capacity (90 MW at Texas facility, 180 MW at North Dakota facility), with additional 39.6 MW subsequently added at Jamestown

Source (primary)

Applied Digital 424B3 filed 2023-05-16 (SEC EDGAR, sec_filing)
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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. Marathon has subsequently added 39.6 MW of additional capacity at the Company's Jamestown, North Dakota facility.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

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. Marathon has subsequently added 39.6 MW of additional capacity at the Company's Jamestown, North Dakota facility.”

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