Cessation of crypto mining operations
Company: Applied Digital
What the later record shows
Not a promise: a reported event · happened March 9, 2022
The claim reports that mining stopped and the equipment sale was completed on March 9, 2022. This had already happened when it was said, and later filings confirm it.
“On March 9, 2022, the Company ceased all crypto mining operations and completed the sale of all crypto mining equipment in service.”
2022-10-11 · Applied Digital 10-Q filed 2022-10-12 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
Ceased all crypto mining operations and completed sale of all crypto mining equipment in service; no plans to return to mining operations
Source (primary)
Applied Digital 10-K filed 2022-08-29 (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 October 11, 2026. The cited source supports every part of this claim.
The filing states that on March 9, 2022 the company ceased all mining, sold all mining equipment in service, and has no plans to return to mining.
Confirmed in the source:
- The company ceased all crypto mining operations
- The company completed the sale of all crypto mining equipment in service
- The company has no plans to return to crypto mining operations
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 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.”