jain.com

Approval to discontinue crypto mining operations

Company: Applied Digital

Subject kind
product
Statement date
2022-05-12
Current status
stated

The claim, verbatim

The Company approved plans to sell all crypto mining equipment and cease all crypto mining operations

Source (primary)

Applied Digital 10-Q filed 2022-05-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “In the third quarter of the fiscal year ended May 31, 2022, the Company approved plans to sell all crypto mining equipment and cease all crypto mining operations.”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Applied Digital 10-Q filed 2022-05-13

Quote: “In the third quarter of the fiscal year ended May 31, 2022, the Company approved plans to sell all crypto mining equipment and cease all crypto mining operations.”

View cached copy (2026-09-13)Live source ↗