1.8GW capacity target by May 2024
Company: Applied Digital
What the later record shows
Outcome not yet confirmed
No passage mentions total hosting capacity or a 1.8GW figure.
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
Company targeting 1.8GW of hosting capacity online by May 2024
Source (primary)
Applied Digital 424B3 filed 2022-04-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “1.8GW by May 2024”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The same Hosting Operation sentence states the company is targeting 800MW by May 2023, 1.8GW by May 2024 and 5GW over the next five years.
Confirmed in the source:
- The company stated it was targeting 1.8GW online by May 2024
- The target relates to its co-hosting (hosting) operations
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465922045567/tm2124821-27_424b3.htm) in full (539,816 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 424B3 filed 2022-04-13
Quote: “1.8GW by May 2024”