First facility remaining capacity deployment
Company: Applied Digital - Project: Jamestown
What the later record shows
Delivered late
Capacity was just over 90 MW as of June 2022, so the Q2 2022 target was missed. The facility reached about 105 MW by May 31, 2023.
“The facility began energizing in late January 2022 and had over 90MW online as of June 2022.”
2022-08-25 · Earnings Release View cached copy (2026-10-08)Live source ↗Archive.org ↗
“As of May 31, 2023, the facility had approximately 105 MW of capacity, which is fully contracted with our customers.”
2023-08-01 · Applied Digital 10-K filed 2023-08-02 View cached copy (2026-09-13)Live source ↗
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
Remaining 45MW of first facility expected to be brought online during Q2 2022
Source (primary)
Applied Digital S-1/A filed 2022-04-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “with the remaining 45MW expected to be brought online during the second calendar quarter of 2022”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states the first facility brought 55MW online on February 2, 2022, with the remaining 45MW expected online during the second calendar quarter of 2022, which matches 'Q2 2022'.
Confirmed in the source:
- The remaining 45MW of the company's first facility (North Dakota) was expected to be brought online during the second calendar quarter of 2022
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465922044841/tm2132377-23_s1a.htm) in full (563,274 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-1/A filed 2022-04-12
Quote: “with the remaining 45MW expected to be brought online during the second calendar quarter of 2022”
confirms Applied Digital 10-K filed 2023-08-02
Quote: “As of May 31, 2023, the facility had approximately 105 MW of capacity, which is fully contracted with our customers.”
confirms Earnings Release
Quote: “The facility began energizing in late January 2022 and had over 90MW online as of June 2022.”