GMR Partnership Services Agreement
Company: Applied Digital
The claim, verbatim
Company receives mining asset selection, asset management, trading, and hedging services from GMR; GMR signed contract for 100MW of power for company's hosting operations
Source (primary)
Applied Digital S-1 filed 2021-08-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Under the terms of our agreement with GMR, we receive mining asset selection, asset management, trading, and hedging services. GMR has also been a proponent of our hosting strategy, having signed a contract for 100MW of power as part of our hosting operation under development.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document confirms both the GMR services and GMR's signed 100MW power contract for the hosting operation.
Confirmed in the source:
- Applied Blockchain receives mining asset selection, asset management, trading, and hedging services from GMR
- GMR signed a contract for 100MW of power as part of the company's hosting operation under development
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000110465921105232/tm2124821d1_s1.htm) in full (345,646 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital S-1 filed 2021-08-13
Quote: “Under the terms of our agreement with GMR, we receive mining asset selection, asset management, trading, and hedging services. GMR has also been a proponent of our hosting strategy, having signed a contract for 100MW of power as part of our hosting operation under development.”