1.8GW by end of FY2024
Company: Applied Digital
What the later record shows
Outcome not yet confirmed
None of the passages state the company's capacity at or after May 31, 2024.
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
Plans to grow to 1.8GW by the end of fiscal 2024 (ending May 31, 2024).
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “1.8GW by the end of fiscal 2024 (ending May 31, 2024)”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The CEO's commentary in the release states this target and gives the fiscal year-end date.
Confirmed in the source:
- Applied Blockchain plans to grow its business to 1.8GW by the end of fiscal 2024, which ends May 31, 2024.
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: “1.8GW by the end of fiscal 2024 (ending May 31, 2024)”
confirms Earnings Release
Quote: “1.8GW by the end of fiscal 2024 (ending May 31, 2024)”