GMR strategic equity investment and hosting contract
Company: Applied Digital - Project: Jamestown
The claim, verbatim
GMR is strategic equity investor; provides mining advice via proprietary algorithm, asset selection, asset management and trading services; signed hosting contract for approximately 50% of 100 MW first facility capacity
Source (primary)
Applied Digital S-1 filed 2021-11-22 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “SparkPool, GMR, and Bitmain are each strategic equity investors in our company. GMR has also been a proponent of our hosting strategy, having signed a contract for approximately 50% of our 100MW capacity as part of our hosting operation under development.”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Applied Digital S-1 filed 2021-11-22
Quote: “SparkPool, GMR, and Bitmain are each strategic equity investors in our company. GMR has also been a proponent of our hosting strategy, having signed a contract for approximately 50% of our 100MW capacity as part of our hosting operation under development.”