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HPC Ellendale Facility Construction

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
facility timeline
Statement date
2024-05-16
Promised amount
100.0 MW
Current status
stated

The claim, verbatim

Commenced construction in 2023 of first 100 MW HPC datacenter in Ellendale, North Dakota with plans to continue building in 2024

Source (primary)

Applied Digital 424B5 filed 2024-05-17 (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”

How we checked this

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

The filing states that construction of the first 100 MW HPC datacenter in Ellendale began in 2023 and that building would continue in 2024.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487924000132/preferredcapitalprospectus.htm) in full (178,920 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 424B5 filed 2024-05-17

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”

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