jain.com

Three additional sites incl. North Dakota

Company: Applied Digital

Subject kind
facility timeline
Statement date
2022-05-13
Promised by
2022-12-31
Promised amount
600.0 MW
Current status
outcome unconfirmed

What the later record shows

Partly delivered

The North Dakota site (Ellendale, 180MW) was built, with energizing from March 4, 2023. No other states' sites or the 600MW+ total are evidenced.

“The Company took possession of the land on August 15, 2022, built a hosting facility, and began energizing the site on March 4, 2023.”
2024-05-05 · Applied Digital 424B5 filed 2024-05-06 View cached copy (2026-08-31)Live source ↗
“We currently operate sites in Jamestown and Ellendale, North Dakota, with a total hosting capacity of approximately 286 MW”
2025-09-20 · ARS View cached copy (2026-09-01)Live source ↗

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 be in construction on up to three other sites in three other states, including North Dakota, with combined capacity over 600MW before end of calendar 2022.

Source (primary)

Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-06)Live source ↗Archive.org ↗

Quote: “plans to be in construction on up to three other sites in three other states, including North Dakota, with total combined capacity of over 600MW before the end of calendar 2022”

How we checked this

Checked on October 13, 2026. The cited source supports every part of this claim.

The release states this plan in essentially the same words.

Confirmed in the source:

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: “plans to be in construction on up to three other sites in three other states, including North Dakota, with total combined capacity of over 600MW before the end of calendar 2022”

View cached copy (2026-10-06)Live source ↗Archive.org ↗

Record of changes

October 6, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 7, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Review. statement_date 2026-10-06 was the source's retrieval date; source published 2022-05-13.