First facility 45MW remaining capacity
Company: Applied Digital - Project: Jamestown
What the later record shows
Delivered late
By the end of June 2022 the facility had only 'over 90MW' online, short of the full 100MW. A later 10-K reports about 105 MW as of May 31, 2023, so the remaining capacity came online after the Q2 2022 target; the exact date is not stated.
“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 come online during second quarter 2022
Source (primary)
Applied Digital S-1/A filed 2022-04-08 (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 North Dakota facility brought 55MW online on February 2, 2022, with the remaining 45MW expected online during the second calendar quarter of 2022.
Confirmed in the source:
- The company's first facility has a remaining 45MW of capacity not yet online
- That remaining 45MW was expected to come 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/1144879/000110465922043846/tm2132377-19_s1a.htm) in full (563,104 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-1/A filed 2022-04-08
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.”