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Hosting expansion to 500MW with sufficient demand

Company: Applied Digital

Subject kind
guidance
Statement date
2021-11-01
Promised amount
500.0 MW
Current status
stated

The claim, verbatim

Planned hosting expansion to approximately 500MW with sufficient identified demand

Source (primary)

Applied Digital S-1/A filed 2021-11-02 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “we believe that we have sufficient demand to fill our planned hosting expansion to approximately 500MW, which should minimize the risk of accelerating expansion”

How we checked this

Checked on September 22, 2026. The cited source supports every part of this claim.

The document states the company believes it has sufficient demand to fill planned hosting expansion to approximately 500MW.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465921132877/tm2124821-2_s1a.htm) in full (486,363 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital S-1/A filed 2021-11-02

Quote: “we believe that we have sufficient demand to fill our planned hosting expansion to approximately 500MW, which should minimize the risk of accelerating expansion”

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