Joint venture with Antpool for datacenter capacity
Company: Applied Digital
The claim, verbatim
1.21 Gigawatts LLC joint venture with Antpool to develop, construct and own up to 1.5 GW of Next-Gen datacenter capacity; Applied Digital managing member with initial 80% ownership and $8,000 contribution
Source (primary)
Applied Digital S-1 filed 2022-09-16 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On January 6, 2022, we and Antpool, an affiliate of Bitmain Technologies Holding Company, entered into a Limited Liability Company Agreement of 1.21 Gigawatts, LLC...1.21 Gigawatts will develop, acquire, construct, finance, operate, maintain and own one or more Next-Gen datacenters with up to 1.5 gigawatts ("GW") of capacity...contributed $8,000 and $2,000, respectively, and will initially own 80% and 20%, respectively”
How we checked this
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Additional evidence
confirms Applied Digital S-1 filed 2022-09-16
Quote: “On January 6, 2022, we and Antpool, an affiliate of Bitmain Technologies Holding Company, entered into a Limited Liability Company Agreement of 1.21 Gigawatts, LLC...1.21 Gigawatts will develop, acquire, construct, finance, operate, maintain and own one or more Next-Gen datacenters with up to 1.5 gigawatts ("GW") of capacity...contributed $8,000 and $2,000, respectively, and will initially own 80% and 20%, respectively”