Formation of 1.21 Gigawatts LLC with Antpool
Company: Applied Digital
The claim, verbatim
Entered into Limited Liability Company Agreement with Antpool Capital Asset Investment L.P. on January 6, 2022 to form 1.21 Gigawatts LLC, with Applied Digital owning 80% and Antpool owning 20%
Source (primary)
Applied Digital 424B3 filed 2022-04-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On January 6, 2022, we and Antpool Capital Asset Investment L.P., or Antpool, an affiliate of Bitmain Technologies Holding Company, entered into a Limited Liability Company Agreement of 1.21 Gigawatts, LLC, pursuant to which we and Antpool contributed $8,000 and $2,000, respectively, and will initially own 80% and 20% of 1.21 Gigawatts, respectively.”
How we checked this
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Additional evidence
confirms Applied Digital 424B3 filed 2022-04-13
Quote: “On January 6, 2022, we and Antpool Capital Asset Investment L.P., or Antpool, an affiliate of Bitmain Technologies Holding Company, entered into a Limited Liability Company Agreement of 1.21 Gigawatts, LLC, pursuant to which we and Antpool contributed $8,000 and $2,000, respectively, and will initially own 80% and 20% of 1.21 Gigawatts, respectively.”