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Ellendale capacity restoration target

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
facility timeline
Statement date
2024-04-11
Promised by
2024-05-31
Current status
verified

What the later record shows

Delivered; the record does not say when

P40 says the 180 MW Ellendale hosting facility was at full capacity as of May 31, 2026, which is above the 65-75% target. No passage says whether the target was reached by the end of May 2024.

“As of May 31, 2026, the Company’s 106 MW facility in Jamestown, ND, and 180 MW facility in Ellendale, ND, were operating at full capacity.”
2026-07-27 · Earnings Release View cached copy (2026-10-08)Live source ↗Archive.org ↗

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

On track to restore Ellendale capacity to 65-75% by end of May 2024

Source (primary)

Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-25)Live source ↗Archive.org ↗

Quote: “on track to incrementally restore Ellendale's capacity over the next two months, targeting to achieve 65%-75% capacity by the end of May”

How we checked this

Checked on October 12, 2026. The cited source supports every part of this claim.

The release says the company was on track to restore Ellendale's capacity, targeting 65%-75% of full capacity by the end of May 2024.

Confirmed in the source:

What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/94/applied-digital-reports-fiscal-third-quarter-2024-results/) in full (29,636 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Earnings Release

Quote: “on track to incrementally restore Ellendale's capacity over the next two months, targeting to achieve 65%-75% capacity by the end of May”

View cached copy (2026-09-25)Live source ↗Archive.org ↗

confirms Earnings Release

Quote: “the Ellendale facility will target operating capacity of approximately 65%-75% of full capacity by the end of May 2024”

View cached copy (2026-09-29)Live source ↗Archive.org ↗

confirms Earnings Release

Quote: “the Ellendale facility will target operating capacity of approximately 65%-75% of full capacity by the end of May 2024”

View cached copy (2026-10-03)Live source ↗

confirms Earnings Release

Quote: “As of May 31, 2026, the Company’s 106 MW facility in Jamestown, ND, and 180 MW facility in Ellendale, ND, were operating at full capacity.”

View cached copy (2026-10-08)Live source ↗Archive.org ↗

Record of changes

September 25, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 26, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Review. statement_date 2026-09-25 was the source's retrieval date; source published 2024-04-11.
October 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.