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Cessation of all cryptocurrency mining operations

Company: Applied Digital

Subject kind
product
Statement date
2022-04-12
Current status
stated

The claim, verbatim

Ceased all cryptocurrency mining operations and completed sale of all mining equipment in service on March 9, 2022, with no plans to return to mining operations

Source (primary)

Applied Digital 424B4 filed 2022-04-13 (SEC EDGAR, sec_filing)
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Quote: “On March 9, 2022 we ceased all crypto mining operations and completed the sale of all crypto mining equipment in service. We have no plans to return to crypto mining operations in the future.”

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: “On March 9, 2022 we ceased all crypto mining operations and completed the sale of all crypto mining equipment in service. We have no plans to return to crypto mining operations in the future.”

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