1.21 Gigawatts LLC partnership with Antpool for up to 1.5GW datacenters
Company: Applied Digital
The claim, verbatim
Company and Antpool Capital Asset Investment L.P. formed 1.21 Gigawatts LLC on January 6, 2022 to develop, construct and operate datacenters with up to 1.5GW capacity. Company owns 80%, Antpool owns 20%, company is managing member
Source (primary)
Applied Digital S-1/A filed 2022-03-28 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On January 6, 2022, we and Antpool Capital Asset Investment L.P., or Antpool, an affiliate of Bitmain Technologies Holding Company, entered into a Limited Liability Company Agreement of 1.21 Gigawatts, LLC, pursuant to which we and Antpool contributed $8,000 and $2,000, respectively, and will initially own 80% and 20% of 1.21 Gigawatts, respectively. 1.21 Gigawatts will develop, acquire, construct, finance, operate, maintain and own one or more Next-Gen datacenters with up to 1.5GW of capacity”
How we checked this
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Additional evidence
confirms Applied Digital S-1/A filed 2022-03-28
Quote: “On January 6, 2022, we and Antpool Capital Asset Investment L.P., or Antpool, an affiliate of Bitmain Technologies Holding Company, entered into a Limited Liability Company Agreement of 1.21 Gigawatts, LLC, pursuant to which we and Antpool contributed $8,000 and $2,000, respectively, and will initially own 80% and 20% of 1.21 Gigawatts, respectively. 1.21 Gigawatts will develop, acquire, construct, finance, operate, maintain and own one or more Next-Gen datacenters with up to 1.5GW of capacity”