85MW energy reserved for four customers at second facility
Company: Applied Digital
The claim, verbatim
Four customers have 85MW of energy capacity reserved at second facility when built
Source (primary)
Applied Digital 424B3 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 and able to provide such energy.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states the four customers account for 85MW of energy at the second facility once built.
Confirmed in the source:
- The four customers have 85MW of energy capacity reserved at the company's second facility once built
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: “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 and able to provide such energy.”