Garden City energization pending final approvals
Company: Applied Digital - Project: Garden City
The claim, verbatim
Garden City facility expected to energize pending final regulatory and technical approvals
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗
Quote: “The site is currently expected to energize following final approvals”
How we checked this
Checked on October 12, 2026. The cited source supports part of this claim, but not all of it.
The release says Garden City awaits final technical/metering approval before energizing, but states that regulatory approval had already been received, so it does not support pending regulatory approval.
Confirmed in the source:
- Garden City facility is expected to energize following final approvals
- Technical details with the utility provider and energy partner were still being finalized
We could not confirm this from the cited source:
- That regulatory approval was still pending for Garden City (the release says regulatory approval had already been received)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/53/applied-digital-reports-fiscal-third-quarter-2023-financial/) in full (25,366 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “The site is currently expected to energize following final approvals”
confirms Earnings Release
Quote: “Construction of the facility is complete and miners are actively being installed. The Company has received regulatory approval for this site and is finalizing technical details with the utility provider and energy partner. The site is currently expected to energize following final approvals.”