Four customer energy allocation agreements
Company: Applied Digital - Project: Jamestown
The claim, verbatim
Agreements entered into with JointHash Holding Limited (GMR subsidiary), Bitmain Technologies Limited, F2Pool Mining Inc., and Hashing LLC for energy capacity at first facility and 85MW at second facility once built
Source (primary)
Applied Digital S-1/A filed 2022-03-21 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We have also entered into agreements with four customers (JointHash Holding Limited (a subsidiary of GMR), Bitmain Technologies Limited, F2Pool Mining, Inc. and Hashing LLC) which will account for the total available energy under the Amended and Restated Energy Services Agreement at our first facility and 85MW of energy at our second facility once built and able to provide such energy”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document names the four customers and their energy allocation at the first and second facilities exactly as claimed.
Confirmed in the source:
- The company entered agreements with four customers: JointHash Holding Limited (a GMR subsidiary), Bitmain Technologies Limited, F2Pool Mining, Inc., and Hashing LLC
- These four customers account for total available energy at the first facility and 85MW at the second facility once built
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: “We have also entered into agreements with four customers (JointHash Holding Limited (a subsidiary of GMR), Bitmain Technologies Limited, F2Pool Mining, Inc. and Hashing LLC) which will account for the total available energy under the Amended and Restated Energy Services Agreement at our first facility and 85MW of energy at our second facility once built and able to provide such energy”