Cessation of crypto mining operations
Company: Applied Digital
The claim, verbatim
Company ceased all crypto mining operations on March 9, 2022 with no plans to return to crypto mining operations in the future.
Source (primary)
Applied Digital 424B3 filed 2022-09-09 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On March 9, 2022, we ceased all crypto mining operations and completed the sale of all crypto mining equipment in service. We have no plans to return to crypto mining operations in the future.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states repeatedly that on March 9, 2022 the company ceased all crypto mining operations and has no plans to return to crypto mining in the future.
Confirmed in the source:
- Applied Blockchain ceased all crypto mining operations on March 9, 2022
- The company has no plans to return to crypto mining operations in the future
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: “On March 9, 2022, we ceased all crypto mining operations and completed the sale of all crypto mining equipment in service. We have no plans to return to crypto mining operations in the future.”