jain.com

GMR customer hosting contract

Company: Applied Digital - Project: Jamestown

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

The claim, verbatim

GMR signed contract for approximately 50% of 100 MW capacity at Jamestown hosting facility

Source (primary)

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

Quote: “GMR has also been a proponent of our hosting strategy, having signed a contract for approximately 50% of our 100 MW capacity as part of our hosting operation under development.”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The prospectus says GMR signed a contract for about 50% of the company's 100 MW capacity. It separately identifies the 100 MW hosting facility as the one in Jamestown, North Dakota.

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: “GMR has also been a proponent of our hosting strategy, having signed a contract for approximately 50% of our 100 MW capacity as part of our hosting operation under development.”

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

confirms Applied Digital 424B3 filed 2023-05-16

Quote: “GMR has also been a proponent of our hosting strategy, having signed a contract for approximately 50% of our 100 MW capacity as part of our hosting operation under development.”

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