1.21 Gigawatts LLC formation with Antpool
Company: Applied Digital
The claim, verbatim
Limited Liability Company Agreement with Antpool (Bitmain affiliate) for 1.21 Gigawatts LLC on January 6, 2022; Applied Digital contributed $8,000 for 80% ownership, Antpool contributed $2,000 for 20% ownership
Source (primary)
Applied Digital S-1/A filed 2022-03-21 (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”
How we checked this
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Additional evidence
confirms Applied Digital S-1/A filed 2022-03-21
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”