Garden City TX energization dependent on regulatory approval
Company: Applied Digital
The claim, verbatim
Primary risk to timing of Garden City energization is regulatory approval; company has encountered some regulatory delays in Texas.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-08)Live source ↗
Quote: “the primary risk to timing of energization of this facility is regulatory approval”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The press release states that regulatory approval is the primary risk to the timing of Garden City's energization. CEO Wes Cummins is also quoted saying the company has 'encountered some regulatory delays in Texas.'
Confirmed in the source:
- The primary risk to the timing of energization of the Garden City, Texas facility is regulatory approval
- The company has encountered some regulatory delays in Texas
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/42/applied-blockchain-reports-fiscal-first-quarter-2023/) in full (25,723 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “the primary risk to timing of energization of this facility is regulatory approval”