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Bitmain mining equipment partnership and order

Company: Applied Digital

Subject kind
partnership
Statement date
2021-11-30
Promised by
2021-12-31
Promised amount
200.0 PH
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed · happened March 9, 2022

No passage confirms the 200PH Bitmain order was delivered. Mining operations ended March 9, 2022, with undelivered purchased equipment slated for sale. No passage ties this directly to the Bitmain order.

“as evidenced by our order through Bitmain for 200PH of mining equipment due late in calendar year 2021”
2022-02-27 · Applied Digital S-1/A filed 2022-02-28 View cached copy (2026-09-13)Live source ↗
“On March 9, 2022, we ceased all crypto mining operations and completed the sale of all crypto mining equipment in service.”
2022-04-11 · Applied Digital S-1/A filed 2022-04-12 View cached copy (2026-09-13)Live source ↗

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

Bitmain partnership provides preferred access to Bitcoin mining equipment and leads for hosting customers; company ordered 200PH of mining equipment due late 2021

Source (primary)

Applied Digital S-1/A filed 2021-12-01 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “Bitmain, our newest partner, provides us with preferred access to Bitcoin mining equipment as well as leads for potential hosting customers... our order through Bitmain for 200PH of mining equipment due late in calendar year 2021”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The filing states that Bitmain provides preferred access to Bitcoin mining equipment and hosting-customer leads, and that the company ordered 200PH of mining equipment through Bitmain due late in calendar 2021. The quote is split across a page break in the source, which likely explains the failed verbatim match.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465921145539/tm2124821-5_s1a.htm) in full (502,304 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital S-1/A filed 2021-12-01

Quote: “Bitmain, our newest partner, provides us with preferred access to Bitcoin mining equipment as well as leads for potential hosting customers... our order through Bitmain for 200PH of mining equipment due late in calendar year 2021”

View cached copy (2026-09-13)Live source ↗

Record of changes

September 14, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 15, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.