Cryptocurrency mining operations
Company: Applied Digital
The claim, verbatim
Company actively mines Bitcoin, Ethereum, and other cryptoassets; mining operations at Coinmint facility commenced by July 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: “We are a participant in the dynamic cryptoeconomy, actively mining cryptoassets... Mining, Bitcoin, Ethereum and other Cryptoassets : gives us the ability to deploy resources toward Ethereum and Bitcoin, while opportunistically mining other Altcoins... By July 2021, we had entered into a co-hosting agreement with Coinmint LLC, had our initial order of mining equipment delivered and installed at Coinmint's co-hosting facility and began our mining operations.”
How we checked this
Checked on September 22, 2026. The cited source supports part of this claim, but not all of it.
The document confirms active Bitcoin and Ether mining starting by July 2021 at Coinmint, but it states the company does not currently mine cryptoassets other than Bitcoin and Ether, so the 'other cryptoassets' portion is not established.
Confirmed in the source:
- the company actively mines Bitcoin and Ethereum
- mining operations at the Coinmint facility commenced by July 2021
We could not confirm this from the cited source:
- the company actively mines cryptoassets other than Bitcoin and Ether
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
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: “We are a participant in the dynamic cryptoeconomy, actively mining cryptoassets... Mining, Bitcoin, Ethereum and other Cryptoassets : gives us the ability to deploy resources toward Ethereum and Bitcoin, while opportunistically mining other Altcoins... By July 2021, we had entered into a co-hosting agreement with Coinmint LLC, had our initial order of mining equipment delivered and installed at Coinmint's co-hosting facility and began our mining operations.”