Cryptocurrency mining customers
Company: Applied Digital
The claim, verbatim
Applied Digital's Data Center Hosting Business serves cryptocurrency mining customers
Source (primary)
Wells Fargo Initiates Applied Digital at Overweight With $50 Price Target - marketscreener.com (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “The Data Center Hosting Business operates data centers to provide energized space to crypto mining customers.”
How we checked this
Checked on September 24, 2026. The cited source supports every part of this claim.
The company profile on this page says the Data Center Hosting Business provides energized space to crypto mining customers.
Confirmed in the source:
- Applied Digital has a Data Center Hosting Business segment
- That segment provides energized data center space to crypto mining customers
What we did: Read our cached copy of the publisher (https://www.marketscreener.com/news/wells-fargo-initiates-applied-digital-at-overweight-with-50-price-target-ce785bd3da8af123) in full (14,034 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Wells Fargo Initiates Applied Digital at Overweight With $50 Price Target - marketscreener.com
Quote: “The Data Center Hosting Business operates data centers to provide energized space to crypto mining customers.”