Energy services agreement with utility
Company: Applied Digital
The claim, verbatim
Secured 5-year energy services agreement with utility for 100MW capacity
Source (primary)
Applied Digital S-1/A filed 2022-03-28 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “For the first 100MW buildout, we secured 5-years of power from a utility that pre-filled the 100MW of planned capacity before breaking ground”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states the company secured 5 years of power from a utility that pre-filled the 100MW of planned capacity.
Confirmed in the source:
- Applied Blockchain secured 5 years of power from a utility for its first 100MW buildout
- The energy services agreement covers 100MW of capacity
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465922038717/tm2124821-24_s1a.htm) in full (566,257 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: “For the first 100MW buildout, we secured 5-years of power from a utility that pre-filled the 100MW of planned capacity before breaking ground”