Marathon Digital Holdings hosting contract
Company: Applied Digital - Project: Ellendale
What the later record shows
Not a promise: a reported event · happened July 12, 2022
The claim reports a contract already signed on July 12, 2022. A later filing confirms the contract and shows it was expanded to 270 MW, with 180 MW at North Dakota.
“On July 12, 2022, the Company entered into a five-year hosting contract with Marathon Digital Holdings, Inc. ("Marathon") for 270 MW of mining capacity.”
2023-05-15 · Applied Digital 424B3 filed 2023-05-16 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
Five-year hosting contract with Marathon Digital Holdings for 200 MW capacity (90 MW at Texas facility, at least 110 MW at North Dakota facility, with option for additional 70 MW)
Source (primary)
Applied Digital 10-K filed 2022-08-29 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On July 12, 2022, the Company entered into a five-year hosting contract with Marathon Digital Holdings, Inc. ("Marathon") for 200 MW of mining capacity. As a result of this arrangement, the Company will supply Marathon with 90 MW of hosting capacity at its facility in Texas and at least 110 MW of hosting capacity at its second facility in North Dakota. As part of this agreement, the Company has also provided Marathon with the option to increase hosting capacity utilizing up to an additional 70 MW in North Dakota”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing describes the July 12, 2022 Marathon contract with each of these terms.
Confirmed in the source:
- The company entered into a five-year hosting contract with Marathon Digital Holdings
- The contract covers 200 MW of capacity
- The contract allocates 90 MW at the Texas facility
- The contract allocates at least 110 MW at a North Dakota facility
- Marathon holds an option for up to an additional 70 MW in North Dakota
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000162828022023816/apld-20220531.htm) in full (312,378 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 10-K filed 2022-08-29
Quote: “On July 12, 2022, the Company entered into a five-year hosting contract with Marathon Digital Holdings, Inc. ("Marathon") for 200 MW of mining capacity. As a result of this arrangement, the Company will supply Marathon with 90 MW of hosting capacity at its facility in Texas and at least 110 MW of hosting capacity at its second facility in North Dakota. As part of this agreement, the Company has also provided Marathon with the option to increase hosting capacity utilizing up to an additional 70 MW in North Dakota”