North Dakota facility remaining 45MW to come online in Q2 2022
Company: Applied Digital - Project: Jamestown
What the later record shows
Delivered late
About 80 MW was online in May 2022 and just over 90 MW in June 2022, short of the full 100 MW due in Q2 2022. Full capacity of about 105 MW was reported as of May 31, 2023.
“with current operations at just over 80MW with the remaining 20MW to come online in the next few weeks.”
2022-05-13 · Earnings Release View cached copy (2026-10-08)Live source ↗Archive.org ↗
“As of May 31, 2023, the facility had approximately 105 MW of capacity, which is fully contracted with our customers.”
2023-08-01 · Applied Digital 10-K filed 2023-08-02 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
Remaining 45MW of North Dakota facility expected to be brought online during the second calendar quarter of 2022
Source (primary)
Applied Digital 424B4 filed 2022-04-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “with the remaining 45MW expected to be brought online during the second calendar quarter of 2022”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The prospectus says the North Dakota facility's first 55MW came online February 2, 2022, with the remaining 45MW expected in the second calendar quarter of 2022.
Confirmed in the source:
- The North Dakota facility brought its first 55MW online on February 2, 2022
- The remaining 45MW of the North Dakota facility was expected to come online during the second calendar quarter of 2022
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465922045562/tm2132377-25_424b4.htm) in full (528,650 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 424B4 filed 2022-04-13
Quote: “with the remaining 45MW expected to be brought online during the second calendar quarter of 2022”
confirms Applied Digital 10-K filed 2023-08-02
Quote: “As of May 31, 2023, the facility had approximately 105 MW of capacity, which is fully contracted with our customers.”
confirms Earnings Release
Quote: “with current operations at just over 80MW with the remaining 20MW to come online in the next few weeks.”