Polaris Forge 1 Building 1 delivery
Company: Applied Digital - Project: Polaris Forge 1
What the later record shows
Delivered on time · happened October 31, 2025
The investor presentation labels the 100 MW building PF1-1 / Building 1 and shows it as energized. Later releases say it became operational in October 2025; some 10-Qs say November 2025. Either date falls within 2025.
“The first 100 MW building at Polaris Forge 1 became operational in October 2025.”
2026-10-07 · Earnings Release View cached copy (2026-10-08)Live source ↗
“PF1-1 100 MW Energized PF1-2 150 MW Calendar - 2H 2026 (16)”
2026-10-08 · Investor Presentation 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
Polaris Forge 1 Building 1 (100 MW capacity) expected to be delivered in 2025
Source (primary)
applied-digital 8-K exhibit (apld_invxfinalpresentati.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “Building 1 (100 MW) - Expected Deliver Date 2025”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
Applied Digital's October 2025 investor presentation lists Polaris Forge 1 Building 1 at 100 MW with an expected delivery date of 2025, specified elsewhere as the second half of 2025.
Confirmed in the source:
- Polaris Forge 1 Building 1 has 100 MW of capacity
- Polaris Forge 1 Building 1 was expected to be delivered in 2025 (the presentation lists expected delivery as 2H 2025)
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1144879/000114487925000076/apld_invxfinalpresentati.htm) in full (26,833 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms applied-digital 8-K exhibit (apld_invxfinalpresentati.htm)
Quote: “Building 1 (100 MW) - Expected Deliver Date 2025”
confirms Earnings Release
Quote: “The first 100 MW building at Polaris Forge 1 became operational in October 2025.”
confirms Investor Presentation
Quote: “PF1-1 100 MW Energized PF1-2 150 MW Calendar - 2H 2026 (16)”