Target of 1.8GW online by May 2024
Company: Applied Digital
What the later record shows
Outcome not yet confirmed
None of the passages state how much hosting capacity was online by May 2024.
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 1.8GW of hosting capacity online by May 2024
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 1.8GW online by May 2024.
Confirmed in the source:
- Applied Blockchain stated a target of bringing 1.8GW of co-hosting capacity online by May 2024
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.”