Customer agreements with JointHash (GMR), Bitmain, F2Pool, and Hashing LLC
Company: Applied Digital - Project: Jamestown
The claim, verbatim
Entered into agreements with four customers (JointHash Holding Limited, Bitmain Technologies Limited, F2Pool Mining Inc., Hashing LLC) accounting for 100MW at first facility and 85MW at second facility
Source (primary)
Applied Digital 424B4 filed 2022-04-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We have also entered into agreements with four customers (JointHash Holding Limited (a subsidiary of GMR), Bitmain Technologies Limited, F2Pool Mining, Inc. and Hashing LLC) which will account for the total available energy under the Amended and Restated Energy Services Agreement at our first facility and 85MW of energy at our second facility once built”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The prospectus names all four customers and says they account for all of the first facility's 100MW and 85MW at the second facility once built.
Confirmed in the source:
- Applied Blockchain entered into agreements with four customers: JointHash Holding Limited (a GMR subsidiary), Bitmain Technologies Limited, F2Pool Mining, Inc. and Hashing LLC
- These customers account for the total available energy at the first facility, which is 100MW
- These customers also contracted for 85MW at the second facility once built
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 have also entered into agreements with four customers (JointHash Holding Limited (a subsidiary of GMR), Bitmain Technologies Limited, F2Pool Mining, Inc. and Hashing LLC) which will account for the total available energy under the Amended and Restated Energy Services Agreement at our first facility and 85MW of energy at our second facility once built”
confirms Applied Digital 424B3 filed 2022-04-13
Quote: “We have also entered into agreements with four customers (JointHash Holding Limited (a subsidiary of GMR), Bitmain Technologies Limited, F2Pool Mining, Inc. and Hashing LLC)”