Five customers for first facility and 85 MW at second facility
Company: Applied Digital - Project: Garden City
The claim, verbatim
Agreements with five customers (JointHash, Spring Mud, Bitmain, F2Pool, Hashing LLC) to utilize full 100 MW at first facility and 85 MW at second facility once built
Source (primary)
Applied Digital 10-K filed 2022-08-29 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We also entered into agreements with five customers (JointHash Holding Limited (a subsidiary of GMR), Spring Mud (a subsidiary of GMR), Bitmain Technologies Limited, F2Pool Mining, Inc. and Hashing LLC, ) which are expected to utilize the total available energy under the Amended and Restated Energy Services Agreement at our first facility and 85MW of energy at our second facility, once it is built and able to provide such energy.”
How we checked this
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Additional evidence
confirms Applied Digital 10-K filed 2022-08-29
Quote: “We also entered into agreements with five customers (JointHash Holding Limited (a subsidiary of GMR), Spring Mud (a subsidiary of GMR), Bitmain Technologies Limited, F2Pool Mining, Inc. and Hashing LLC, ) which are expected to utilize the total available energy under the Amended and Restated Energy Services Agreement at our first facility and 85MW of energy at our second facility, once it is built and able to provide such energy.”