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Ellendale hosting restoration to 65-75% by end of May 2024

Company: Applied Digital - Project: Ellendale

Subject kind
facility timeline
Statement date
2024-04-11
Promised by
2024-05-31
Promised amount
75.0 percent
Current status
verified

What the later record shows

Delivered; the record does not say when

Capacity rose from ~80 MW on April 28, 2024 to full 180 MW as of June 28, 2024, exceeding the 65%-75% target. Whether that range was hit by the end of May 2024 is not stated.

“The Ellendale facility is currently operating at approximately 80 MW and the Company expects to continue to ramp capacity ahead of the schedule”
2024-04-28 · Applied Digital 8-K filed 2024-04-29 View cached copy (2026-08-31)Live source ↗
“As of June 28, 2024, the upgrades to the Ellendale Facility’s equipment were completed, and the Ellendale Facility has been restored to full operating capacity at 180 MW.”
2024-07-01 · Applied Digital 8-K filed 2024-07-02 View cached copy (2026-08-31)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

The 180 MW Ellendale hosting facility, re-energized to ~14% (25 MW), targets operating capacity of approximately 65%-75% of full capacity by the end of May 2024 as new transformers are installed.

Source (primary)

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

Quote: “the Ellendale facility will target operating capacity of approximately 65%-75% of full capacity by the end of May 2024”

How we checked this

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

The release states that the 180 MW Ellendale facility had been re-energized to about 14% (25 MW). It also says the facility targets 65%-75% of full capacity by the end of May 2024 as new transformers are received and installed.

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/94/applied-digital-reports-fiscal-third-quarter-2024-results/) in full (29,636 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Earnings Release

Quote: “the Ellendale facility will target operating capacity of approximately 65%-75% of full capacity by the end of May 2024”

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

confirms Earnings Release

Quote: “the Ellendale facility will target operating capacity of approximately 65%-75% of full capacity by the end of May 2024”

View cached copy (2026-10-08)Live source ↗Archive.org ↗

confirms Applied Digital 8-K filed 2024-04-29

Quote: “The Ellendale facility is currently operating at approximately 80 MW and the Company expects to continue to ramp capacity ahead of the schedule”

View cached copy (2026-08-31)Live source ↗

confirms Applied Digital 8-K filed 2024-07-02

Quote: “As of June 28, 2024, the upgrades to the Ellendale Facility’s equipment were completed, and the Ellendale Facility has been restored to full operating capacity at 180 MW.”

View cached copy (2026-08-31)Live source ↗

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 2024-04-11.
October 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.