~10% equity interest in Base Electron
Company: Applied Digital
The claim, verbatim
Applied Digital holds an approximately 10% equity interest in Base Electron Corp., an independent power producer developing front-of-the-meter generation in the Dakotas.
Source (primary)
EX-99.1 (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-08)Live source ↗Archive.org ↗
Quote: “Base Electron Corp., an independent power producer in which Applied Digital holds an approximately 10% equity interest”
How we checked this
Checked on October 9, 2026. The cited source supports every part of this claim.
The release describes Base Electron's ownership, its status as an independent power producer, and its front-of-the-meter generation development in the Dakotas.
Confirmed in the source:
- Applied Digital holds an approximately 10% equity interest in Base Electron Corp.
- Base Electron is an independent power producer
- Base Electron is developing front-of-the-meter generation in the Dakotas
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001144879-26-000057/apldq127earningsrelease.htm) in full (40,037 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms EX-99.1
Quote: “Base Electron Corp., an independent power producer in which Applied Digital holds an approximately 10% equity interest”