~$100M annualized adjusted EBITDA run rate at full buildout
Company: Applied Digital
The claim, verbatim
Once Jamestown, Garden City and Ellendale are fully online, management expects an annualized adjusted EBITDA run rate of approximately $100 million.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-03)Live source ↗Archive.org ↗
Quote: “Once fully online, we will have nearly 500MW of hosting capacity that we expect will put us at an annualized adjusted EBITDA run rate of approximately $100 million.”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “Once fully online, we will have nearly 500MW of hosting capacity that we expect will put us at an annualized adjusted EBITDA run rate of approximately $100 million.”