Cryptocurrency mining operations cessation
Company: Applied Digital
The claim, verbatim
Ceased all cryptocurrency mining operations and completed sale of all mining equipment in service as of March 9, 2022; company has no plans to return to mining operations
Source (primary)
Applied Digital S-1/A filed 2022-04-12 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
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
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states the March 9, 2022 cessation, equipment sale, and no plans to return.
Confirmed in the source:
- On March 9, 2022 the company ceased all crypto mining operations and completed the sale of all crypto mining equipment in service
- The company has no plans to return to crypto mining operations
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: “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”