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First facility 45MW phase online by Q2 2022

Company: Applied Digital - Project: Jamestown

Subject kind
facility timeline
Statement date
2022-03-27
Promised by
2022-06-30
Promised amount
45.0 MW
Current status
verified

What the later record shows

Delivered late

The facility had just over 90 MW of its 100 MW online as of June 2022, so the remaining 45 MW was not fully online by Q2 2022. It reached roughly 105 MW by May 31, 2023, but the exact completion 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 North Dakota facility expected to be brought online during second calendar quarter of 2022

Source (primary)

Applied Digital S-1/A filed 2022-03-28 (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 repeatedly states that the North Dakota facility brought its first 55MW online on February 2, 2022, with the remaining 45MW expected online during the second calendar quarter of 2022.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465922038726/tm2132377-17_s1a.htm) in full (562,281 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital S-1/A filed 2022-03-28

Quote: “with the remaining 45MW expected to be brought online during the second calendar quarter of 2022”

View cached copy (2026-09-13)Live source ↗

confirms Applied Digital S-1/A filed 2022-03-28

Quote: “with the remaining 45MW expected to be brought online during the second calendar quarter of 2022”

View cached copy (2026-09-13)Live source ↗

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.”

View cached copy (2026-09-13)Live source ↗

confirms Earnings Release

Quote: “The facility began energizing in late January 2022 and had over 90MW online as of June 2022.”

View cached copy (2026-10-08)Live source ↗Archive.org ↗

Record of changes

September 14, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 15, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.