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Target of 5GW online over next five years

Company: Applied Digital

Subject kind
guidance
Statement date
2022-04-12
Promised amount
5000.0 MW
Current status
stated

The claim, verbatim

Targeting bringing 5GW of hosting capacity online over the next five years

Source (primary)

Applied Digital 424B4 filed 2022-04-13 (SEC EDGAR, sec_filing)
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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

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 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.”

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