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MAM investment of up to $900M in Ellendale HPC Campus

Company: Applied Digital

Subject kind
financing
Statement date
2025-01-13
Promised amount
900000000.0 USD
Current status
stated

The claim, verbatim

Funds managed by MAM are to invest up to $900 million in the Ellendale HPC data center campus.

Source (primary)

applied-digital 8-K exhibit (apldq225earningsrelease.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “Funds managed by MAM to invest up to $900 million in the Company’s Ellendale HPC data center campus”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms applied-digital 8-K exhibit (apldq225earningsrelease.htm)

Quote: “Funds managed by MAM to invest up to $900 million in the Company’s Ellendale HPC data center campus”

View cached copy (2026-10-21)Live source ↗