Second facility operational guidance
Company: Applied Digital
What the later record shows
Delivered; the record does not say when
The second datacenter facility is the Garden City, TX site. The 2023 10-K says a datacenter was built there, but no passage says when it began operating or confirms the 200 MW figure.
“On April 13, 2022, the Company entered into a 99-year ground lease in Garden City, TX, with the intent to build our second datacenter facility on this site.”
2022-10-11 · Applied Digital 10-Q filed 2022-10-12 View cached copy (2026-09-13)Live source ↗
“The Company has built datacenters on each of the properties in Jamestown, North Dakota; Garden City, Texas; and Ellendale, North Dakota.”
2023-08-01 · Applied Digital 10-K filed 2023-08-02 View cached copy (2026-09-13)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Second facility expected to begin operating in calendar Q4 2022 with 200 MW capacity fully contracted.
Source (primary)
Applied Digital 424B3 filed 2022-09-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The facility is expected to begin operating in calendar Q4 of 2022 and the 200 MW capacity is fully contracted with our customers.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The prospectus says the Garden City, Texas second facility is expected to begin operating in calendar Q4 2022 and that its 200 MW capacity is fully contracted with customers. That covers every part of the claim.
Confirmed in the source:
- The prospectus describes a second facility under construction in Garden City, Texas
- The second facility is expected to begin operating in calendar Q4 2022
- The second facility is expected to provide 200 MW of power to hosting customers
- The 200 MW capacity is stated to be fully contracted with customers
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487922000027/a424b3finalprospectusregno.htm) in full (350,097 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 424B3 filed 2022-09-09
Quote: “The facility is expected to begin operating in calendar Q4 of 2022 and the 200 MW capacity is fully contracted with our customers.”
confirms Applied Digital 10-K filed 2023-08-02
Quote: “The Company has built datacenters on each of the properties in Jamestown, North Dakota; Garden City, Texas; and Ellendale, North Dakota.”
confirms Applied Digital 10-Q filed 2022-10-12
Quote: “On April 13, 2022, the Company entered into a 99-year ground lease in Garden City, TX, with the intent to build our second datacenter facility on this site.”