Co-hosting services for crypto miners
Company: Applied Digital
The claim, verbatim
Building co-hosting facilities where customers lease space and electricity; company installs own mining equipment at facilities; offering low-cost energy powered agile and cost-competitive crypto mining solutions
Source (primary)
Applied Digital S-1/A filed 2021-12-01 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Our mission includes building co-hosting facilities in which our customers will lease space and access to electricity and in which we will also install our own crypto mining equipment... With low-cost energy powering our co-hosting facilities, our customers can expect an agile and cost competitive crypto mining solution.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document's Hosting Operation section states all these points nearly verbatim, including customers leasing space and electricity, the company installing its own equipment, and the low-cost/agile/cost-competitive solution language.
Confirmed in the source:
- Applied Blockchain's mission includes building co-hosting facilities where customers lease space and access to electricity
- The company will install its own crypto mining equipment at those facilities
- The company states customers can expect an agile and cost-competitive crypto mining solution from low-cost energy powering the facilities
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: “Our mission includes building co-hosting facilities in which our customers will lease space and access to electricity and in which we will also install our own crypto mining equipment... With low-cost energy powering our co-hosting facilities, our customers can expect an agile and cost competitive crypto mining solution.”