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400 MW hyperscaler LOI

Company: Applied Digital

Subject kind
customer
Statement date
2024-08-27
Promised amount
400.0 MW
Current status
stated

The claim, verbatim

The company executed an exclusive LOI with a U.S.-based hyperscaler for 400 MW of capacity, covering the 100 MW Ellendale facility under construction and two future buildings.

Source (primary)

applied-digital 8-K exhibit (apldq424earningsrelease.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-30)Live source ↗

Quote: “executing an LOI with a U.S.-based hyperscaler for 400 MW capacity, which includes our 100 MW facility currently under construction and two future buildings”

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 (apldq424earningsrelease.htm)

Quote: “executing an LOI with a U.S.-based hyperscaler for 400 MW capacity, which includes our 100 MW facility currently under construction and two future buildings”

View cached copy (2026-10-30)Live source ↗