Target of 800MW online by May 2023
Company: Applied Digital
What the later record shows
Partly delivered
In October 2024, well after May 2023, the company described hosting facilities of 106 MW at Jamestown and 180 MW at Ellendale, about 286 MW. A 7.5 MW and a 100 MW facility were still under construction, so capacity was far short of 800 MW.
“is a 7.5 MW facility in Jamestown, ND location adjacent to the Company’s 106 MW Data center hosting facility”
2024-10-22 · Applied Digital S-1 filed 2024-10-23 View cached copy (2026-08-31)Live source ↗
“on land located adjacent to its existing 180 MW Data center hosting facility”
2024-10-22 · Applied Digital S-1 filed 2024-10-23 View cached copy (2026-08-31)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
Targeting bringing 800MW of hosting capacity online by May 2023
Source (primary)
Applied Digital 424B4 filed 2022-04-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We are targeting bringing 800MW online by May 2023, 1.8GW by May 2024 and 5GW over the next five years.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The hosting section of the prospectus states the company is targeting 800MW online by May 2023.
Confirmed in the source:
- Applied Blockchain stated a target of bringing 800MW of co-hosting capacity online by May 2023
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: “We are targeting bringing 800MW online by May 2023, 1.8GW by May 2024 and 5GW over the next five years.”