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Ceased 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 on March 9, 2022 with no plans to return to crypto mining in the future

Source (primary)

Applied Digital 424B3 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 424B3 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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