jain.com

~10% equity interest in Base Electron

Company: Applied Digital

Subject kind
partnership
Statement date
2026-10-07
Promised amount
10.0 percent
Current status
stated

The claim, verbatim

Applied Digital holds an approximately 10% equity interest in Base Electron Corp., an independent power producer.

Source (primary)

Applied Digital Reports Fiscal First Quarter 2027 Results - Applied Digital Corporation (APLD) (-, news_article)
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 13, 2026. The cited source supports every part of this claim.

The release describes Base Electron as an independent power producer in which Applied Digital holds about a 10% equity interest.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://ir.applieddigital.com/news-events/press-releases/detail/163/applied-digital-reports-fiscal-first-quarter-2027-results) in full (41,009 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital Reports Fiscal First Quarter 2027 Results - Applied Digital Corporation (APLD)

Quote: “Base Electron Corp., an independent power producer in which Applied Digital holds an approximately 10% equity interest”

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