First Texas 200MW facility operational by late 2022
Company: Applied Digital
What the later record shows
The date slipped · new target December 31, 2023
The Texas 200MW facility had not begun operating by the end of 2022. Later filings pushed its start to Q1 2023 and then to the second half of 2023. No passage confirms it ever became operational.
“The site is currently expected to energize before the end of February.”
2023-01-09 · Earnings Release View cached copy (2026-10-08)Live source ↗Archive.org ↗
“The facility is expected to begin operating in the second half of calendar 2023 and the 200 MW capacity is fully contracted with our customers.”
2023-08-01 · Applied Digital 10-K filed 2023-08-02 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
Entered into letter of intent on November 24, 2021 to develop Texas facility with 200MW wind power; construction began April 2022, expected operational latter half of 2022
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “On November 24, 2021, Applied Blockchain entered into a letter of intent to develop a facility in Texas with 200MW of wind power. Construction of the facility began in April 2022 and is expected to be operational in the latter half of the calendar year.”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The release, dated May 2022, states the letter of intent date, the 200MW wind capacity, the April 2022 construction start, and expected operation in the latter half of the calendar year.
Confirmed in the source:
- On November 24, 2021, the company entered into a letter of intent to develop a Texas facility with 200MW of wind power
- Construction of the Texas facility began in April 2022
- The Texas facility was expected to be operational in the latter half of calendar 2022
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/10/applied-blockchain-reports-fiscal-third-quarter-2022-ended/) in full (19,893 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “On November 24, 2021, Applied Blockchain entered into a letter of intent to develop a facility in Texas with 200MW of wind power. Construction of the facility began in April 2022 and is expected to be operational in the latter half of the calendar year.”
delays Applied Digital 10-K filed 2023-08-02
Quote: “The facility is expected to begin operating in the second half of calendar 2023 and the 200 MW capacity is fully contracted with our customers.”
delays Earnings Release
Quote: “The site is currently expected to energize before the end of February.”