jain.com
The Analysis · Companies · People · Methodology

$750K per MW Company matching for future projects

Company: Applied Digital

Subject kind
financing
Statement date
2025-01-13
Promised amount
0.75 million USD per MW
Current status
stated

The claim, verbatim

Company to match Purchaser's $2.25M per MW investment with $750,000 per MW for future HPC datacenter projects

Source (primary)

Applied Digital 8-K filed 2025-01-14 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “at the investment rate of $2.25 million per MW, to be matched by the Company's contribution of $750,000 per MW”

How we checked this

Attempted on September 17, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225002040/form8-k.htm) in full (16,003 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 8-K filed 2025-01-14

Quote: “at the investment rate of $2.25 million per MW, to be matched by the Company's contribution of $750,000 per MW”

View cached copy (2026-08-31)Live source ↗