Garden City, TX facility sold to Marathon; $25M escrow released
Company: Applied Digital
The claim, verbatim
The sale of the Garden City, Texas hosting facility to Marathon was finalized in April 2024, and $25 million in escrowed funds was released to the Company on July 30, 2024.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “resulting in the release of the escrow funds to the Company totaling $25 million”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms Earnings Release
Quote: “resulting in the release of the escrow funds to the Company totaling $25 million”