1.21 Gigawatts JV will develop up to 1.5GW capacity
Company: Applied Digital
The claim, verbatim
1.21 Gigawatts LLC will develop, construct, and own one or more Next-Gen datacenters with up to 1.5GW of hosting capacity
Source (primary)
Applied Digital 424B3 filed 2022-04-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “1.21 Gigawatts will develop, acquire, construct, finance, operate, maintain and own one or more Next-Gen datacenters with up to 1.5GW of capacity for hosting blockchain infrastructure.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states 1.21 Gigawatts will develop up to 1.5GW of hosting capacity.
Confirmed in the source:
- 1.21 Gigawatts LLC will develop, construct and own one or more Next-Gen datacenters with up to 1.5GW of capacity for hosting blockchain infrastructure
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: “1.21 Gigawatts will develop, acquire, construct, finance, operate, maintain and own one or more Next-Gen datacenters with up to 1.5GW of capacity for hosting blockchain infrastructure.”