Crypto mining customers with multi-year contracts
Company: Applied Digital
The claim, verbatim
The company serves seven crypto mining customers, all of which have entered into contracts ranging from three to five years
Source (primary)
Applied Digital 10-K filed 2024-08-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We currently serve seven crypto mining customers, all of which have entered into contracts with us ranging from three to five years.”
How we checked this
Checked on September 18, 2026. The cited source supports every part of this claim.
The 10-K's Data Center Hosting Business section states this almost word for word.
Confirmed in the source:
- The company currently serves seven crypto mining customers
- All seven have entered into contracts ranging from three to five years
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000216/apld-20240531.htm) in full (481,620 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 10-K filed 2024-08-30
Quote: “We currently serve seven crypto mining customers, all of which have entered into contracts with us ranging from three to five years.”