1.8GW capacity target by May 2024
Company: Applied Digital
What the later record shows
Outcome not yet confirmed
None of the passages state how much capacity was online by May 2024.
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 1.8GW of capacity online by May 2024
Source (primary)
Applied Digital S-1/A filed 2022-03-21 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “1.8GW by May 2024”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing's target sentence continues "800MW online by May 2023, 1.8GW by May 2024 and 5GW over the next five years," which establishes the 1.8GW-by-May-2024 target.
Confirmed in the source:
- Applied Blockchain stated it was targeting 1.8GW of capacity online by May 2024
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465922036163/tm2124821-21_s1a.htm) in full (555,375 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-1/A filed 2022-03-21
Quote: “1.8GW by May 2024”