Bitmain Partnership Equipment Order
Company: Applied Digital
What the later record shows
Outcome not yet confirmed · happened March 9, 2022
Filings through February 2022 still describe the 200PH Bitmain order as 'due late in calendar year 2021' and never report delivery. On March 9, 2022 the company ceased all crypto mining and said it would sell undelivered purchased equipment. No passage names the Bitmain order specifically.
“as evidenced by our order through Bitmain for 200PH of mining equipment due late in calendar year 2021”
2022-02-27 · Applied Digital S-1/A filed 2022-02-28 View cached copy (2026-09-13)Live source ↗
“On March 9, 2022, we ceased all crypto mining operations and completed the sale of all crypto mining equipment in service.”
2022-04-11 · Applied Digital S-1/A filed 2022-04-12 View cached copy (2026-09-13)Live source ↗
“However, the equipment is either not online or was previously purchased but has yet to be delivered. We intend to sell this equipment as soon as possible”
2022-04-11 · Applied Digital S-1/A filed 2022-04-12 View cached copy (2026-09-13)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Company has Bitmain order for 200PH of mining rigs due in late calendar year 2021; Bitmain provides preferred access to miners
Source (primary)
Applied Digital S-1 filed 2021-08-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Bitmain order for 200PH of rigs due late in calendar year 2021”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The S-1 states that Bitmain provides the company with preferred access to miners, as shown by the Bitmain order for 200PH of rigs due late in calendar year 2021.
Confirmed in the source:
- Applied Blockchain had a Bitmain order for 200PH of mining rigs
- The Bitmain rigs were due late in calendar year 2021
- Bitmain provides Applied Blockchain with preferred access to miners
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: “the Bitmain order for 200PH of rigs due late in calendar year 2021”