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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

Attempted on September 22, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000162828022014389/apld-20220228.htm) in full (125,817 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

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 ↗