Antpool/Bitmain JV
Company: Applied Digital
The claim, verbatim
Formed JV with Antpool, an affiliate of Bitmain, in January 2022 for up to 1.5GW of co-hosting infrastructure, with Applied Blockchain owning 80%.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “Formed joint venture ("JV") with Antpool, an affiliate of Bitmain, in January 2022 for up to 1.5 gigawatts ("GW") initially of co-hosting infrastructure with Applied Blockchain owning 80% of the JV”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The release's highlights state each of these points: the counterparty, the date, the up-to-1.5GW initial scope and the 80% ownership.
Confirmed in the source:
- Applied Blockchain formed a joint venture with Antpool, an affiliate of Bitmain.
- The JV was formed in January 2022.
- The JV covers up to 1.5GW of co-hosting infrastructure initially.
- Applied Blockchain owns 80% of the JV.
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/10/applied-blockchain-reports-fiscal-third-quarter-2022-ended/) in full (19,893 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “Formed joint venture ("JV") with Antpool, an affiliate of Bitmain, in January 2022 for up to 1.5 gigawatts ("GW") initially of co-hosting infrastructure with Applied Blockchain owning 80% of the JV”