Conditional anchor tenant agreement at Ellendale HPC campus
Company: Applied Digital - Project: Polaris Forge 1
The claim, verbatim
The company signed a conditional agreement to provide datacenter capacity at its Ellendale, North Dakota campus. The agreement is subject to finalization of definitive lease documents.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-08)Live source ↗Archive.org ↗
Quote: “it has signed a conditional agreement to provide datacenter capacity at its Ellendale, North Dakota campus, subject to finalization of definitive lease documents”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
Applied Digital's January 16, 2024 earnings release says the company signed a conditional agreement to provide datacenter capacity at its Ellendale, North Dakota campus, subject to finalization of definitive lease documents. Both parts of the claim are established.
Confirmed in the source:
- Applied Digital signed a conditional agreement to provide datacenter capacity at its Ellendale, North Dakota campus
- The Ellendale agreement is subject to finalization of definitive lease documents
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/81/applied-digital-reports-fiscal-second-quarter-2024-results/) in full (25,989 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “it has signed a conditional agreement to provide datacenter capacity at its Ellendale, North Dakota campus, subject to finalization of definitive lease documents”