800MW hosting capacity target by May 2023
Company: Applied Digital
What the later record shows
The date slipped
A May 2024 filing describes North Dakota capacity reaching only 280 MW once Ellendale is fully energized, plus 90 MW in Texas. That is far short of 800 MW, which implies the May 2023 target was not met; no new date was given.
“Once fully energized, this location will bring the Company to 280 MW of total hosting capacity across its facilities in North Dakota”
2024-05-05 · Applied Digital 424B5 filed 2024-05-06 View cached copy (2026-08-31)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
Company targeting 800MW of hosting capacity online by May 2023
Source (primary)
Applied Digital S-1/A filed 2022-03-28 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We are targeting bringing 800MW online by May 2023, 1.8GW by May 2024 and 5GW over the next five years”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
In the Hosting Operation section, the filing states the company is targeting bringing 800MW online by May 2023.
Confirmed in the source:
- The company was targeting 800MW online by May 2023
- The target refers to its hosting (co-hosting facility) operation
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: “We are targeting bringing 800MW online by May 2023, 1.8GW by May 2024 and 5GW over the next five years”
delays Applied Digital 424B5 filed 2024-05-06
Quote: “Once fully energized, this location will bring the Company to 280 MW of total hosting capacity across its facilities in North Dakota”