Energy Services Agreement
Company: Applied Digital
The claim, verbatim
Company secured 100MW Energy Services Agreement for 5 years; capacity allocated for company mining operations and co-hosting customers
Source (primary)
Applied Digital S-1 filed 2021-08-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “For the first 100MW buildout, we secured 5-year power from a utility that pre-filled the 100MW of planned capacity before breaking ground.”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The document states the 100MW Energy Services Agreement is to be used by the company and its co-hosting customers, and that it secured 5-year power for the 100MW buildout.
Confirmed in the source:
- Applied Blockchain entered an Energy Services Agreement with respect to 100 megawatts
- The 100MW power was secured for a 5-year term
- The 100MW capacity is to be used by the company and its co-hosting customers
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: “For the first 100MW buildout, we secured 5-year power from a utility that pre-filled the 100MW of planned capacity before breaking ground.”