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HPC Ellendale Datacenter Construction and Operational Timeline

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
facility timeline
Statement date
2024-06-16
Promised amount
100.0 MW
Current status
stated

The claim, verbatim

Commenced construction of 100 MW HPC datacenter in Ellendale, North Dakota in 2023, plan to continue in 2024, expect to become operational in early calendar year 2025

Source (primary)

Applied Digital 424B5 filed 2024-06-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “In 2023, we commenced the construction of our first 100 MW HPC datacenter in Ellendale, North Dakota (the "HPC Ellendale Facility"). We plan to continue building this datacenter in 2024... We anticipate that this business segment will begin generating meaningful revenues once the HPC Ellendale Facility becomes operational, which is expected sometime in the early calendar year 2025.”

How we checked this

Checked on September 18, 2026. The cited source supports every part of this claim.

The filing covers the 2023 construction start, the plan to continue building in 2024 and the expected early 2025 operational date for the Ellendale HPC facility.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000167/a06142024ciminitialwarrant.htm) in full (130,571 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 424B5 filed 2024-06-17

Quote: “In 2023, we commenced the construction of our first 100 MW HPC datacenter in Ellendale, North Dakota (the "HPC Ellendale Facility"). We plan to continue building this datacenter in 2024... We anticipate that this business segment will begin generating meaningful revenues once the HPC Ellendale Facility becomes operational, which is expected sometime in the early calendar year 2025.”

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