Crypto Mining Customers
Company: Applied Digital
The claim, verbatim
Currently serves four crypto-mining customers with contracts ranging from three to five years in duration
Source (primary)
Applied Digital 424B5 filed 2024-05-17 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “We currently serve four 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 filing states that the company serves four crypto-mining customers, all on contracts of three to five years.
Confirmed in the source:
- The company currently serves four crypto-mining customers
- Their contracts range from three to five years
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: “We currently serve four crypto-mining customers, all of which have entered into contracts with us ranging from three to five years.”