Marathon contracts portion of third ND site
Company: Applied Digital - Project: Ellendale
The claim, verbatim
A meaningful portion of power capacity at the third North Dakota site is contracted by Marathon as part of its 200MW contract, with an option for the remaining capacity.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “A meaningful portion of the power capacity at this site has already been contracted by Marathon as part of their 200MW contract with an option for the remaining capacity at the site.”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The August 25, 2022 release states that a meaningful portion of the third North Dakota site's power capacity is already contracted by Marathon under its 200MW contract, with an option for the rest of the site's capacity.
Confirmed in the source:
- Applied Blockchain's third facility is located in North Dakota, separate from the Jamestown facility
- A meaningful portion of the power capacity at the third North Dakota site has been contracted by Marathon
- The Marathon capacity at the third site is part of Marathon's 200MW contract
- Marathon holds an option for the remaining capacity at the third site
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/37/applied-blockchain-reports-fiscal-fourth-quarter-and-full/) in full (21,764 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “A meaningful portion of the power capacity at this site has already been contracted by Marathon as part of their 200MW contract with an option for the remaining capacity at the site.”