Capacity expansion target May 2024
Company: Applied Digital
What the later record shows
Outcome not yet confirmed
None of the passages report total hosting capacity online, so the 1.8GW-by-May-2024 target cannot be checked.
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
Company targeting 1.8GW (1,800MW) of capacity online by May 2024
Source (primary)
Applied Digital S-1/A filed 2022-04-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “1.8GW by May 2024”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The same sentence in the Hosting Operation section continues 'targeting bringing 800MW online by May 2023, 1.8GW by May 2024 and 5GW over the next five years,' which establishes the 1.8GW by May 2024 target.
Confirmed in the source:
- The company stated it was targeting 1.8GW (1,800MW) of capacity online by May 2024
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: “1.8GW by May 2024”