Contracted critical IT load capacity
Company: Applied Digital
The claim, verbatim
Applied Digital reported approximately $36.2 billion across approximately 1,410 MW of contracted critical IT load as of 31 May 2026
Source (primary)
Hut 8 vs Applied Digital and Why 96 Percent of Hut 8's AI Revenue Is Internal - Phemex (-, news_article)
View cached copy (2026-09-23)Live source ↗
Quote: “Applied Digital reported approximately $36.2 billion across about 1,410 MW of contracted critical IT load at 31 May 2026”
How we checked this
Checked on September 26, 2026. The cited source supports every part of this claim.
The article states that Applied Digital reported approximately $36.2 billion across about 1,410 MW of contracted critical IT load at 31 May 2026.
Confirmed in the source:
- Applied Digital reported approximately $36.2 billion of contracted value
- The contracts cover about 1,410 MW of contracted critical IT load
- The figures are as of 31 May 2026
What we did: Read our cached copy of the publisher (https://phemex.com/academy/hut-8-vs-applied-digital-ai-revenue) in full (15,917 characters, retrieved September 23, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 vs Applied Digital and Why 96 Percent of Hut 8's AI Revenue Is Internal - Phemex
Quote: “Applied Digital reported approximately $36.2 billion across about 1,410 MW of contracted critical IT load at 31 May 2026”