Exit crypto mining
Company: Applied Digital
The claim, verbatim
On March 9, 2022 ceased all crypto mining operations and completed sale of all crypto mining equipment in service.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “On March 9, 2022 Applied Blockchain ceased all crypto mining operations and completed the sale of all crypto mining equipment in service”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The release states both the March 9, 2022 exit from crypto mining and the completed sale of the mining equipment in service.
Confirmed in the source:
- On March 9, 2022, Applied Blockchain ceased all crypto mining operations.
- Applied Blockchain completed the sale of all crypto mining equipment in service.
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: “On March 9, 2022 Applied Blockchain ceased all crypto mining operations and completed the sale of all crypto mining equipment in service”