Jamestown ND air-cooled unit deployment
Company: Marathon Digital - Project: Jamestown
What the later record shows
Partly delivered
The FY2023 10-K lists Jamestown at 10,000 S19 XPs as of December 31, 2023. That is below the 10,400 'additional' air-cooled units planned, and no passage says when they were deployed. The 2025 10-K shows Jamestown grew to 93 MW, but it gives no unit count.
“Jamestown, North Dakota APLD affiliate 40 1.4 10,000 S19 XPs, with another 768 units of immersion”
2024-02-27 · Marathon Digital 10-K filed 2024-02-28 View cached copy (2026-08-31)Live source ↗
“Jamestown, North Dakota Grid connection 93 — 93 3.7 Other Various 12 — 12 0.6 Total Hosted Sites 501”
2025-03-02 · Marathon Digital 10-K filed 2025-03-03 View cached copy (2026-08-31)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
10,400 additional air-cooled mining units planned for deployment at Jamestown, ND facility during first quarter 2023
Source (primary)
Marathon Digital 10-K filed 2023-03-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “with planned deployments of another 10,400 air-cooled units during the first quarter of 2023”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing lists planned deployments of another 10,400 air-cooled units at Jamestown, ND during Q1 2023.
Confirmed in the source:
- Marathon planned to deploy another 10,400 air-cooled units at Jamestown, ND
- The deployment was planned for the first quarter of 2023
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1507605/000149315223007879/form10-k.htm) in full (445,884 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Marathon Digital 10-K filed 2023-03-16
Quote: “with planned deployments of another 10,400 air-cooled units during the first quarter of 2023”
