800MW capacity target by May 2023
Company: Applied Digital
What the later record shows
The date slipped
A May 2024 filing describes North Dakota capacity reaching only 280 MW once fully energized, plus 90 MW in Texas. That is well below 800 MW, so the May 2023 target appears unmet; no revised date was given.
“Once fully energized, this location will bring the Company to 280 MW of total hosting capacity across its facilities in North Dakota”
2024-05-05 · Applied Digital 424B5 filed 2024-05-06 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Plan to grow business to 800MW by May 2023
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “we plan to grow our business to 800MW by May 2023”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
CEO commentary in the release states the plan to reach 800MW by May 2023.
Confirmed in the source:
- The company plans to grow its business to 800MW by May 2023
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/10/applied-blockchain-reports-fiscal-third-quarter-2022-ended/) in full (19,855 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “we plan to grow our business to 800MW by May 2023”
confirms Earnings Release
Quote: “we plan to grow our business to 800MW by May 2023”
confirms Earnings Release
Quote: “we plan to grow our business to 800MW by May 2023”
confirms Earnings Release
Quote: “we plan to grow our business to 800MW by May 2023”
confirms Earnings Release
Quote: “we plan to grow our business to 800MW by May 2023”
confirms Earnings Release
Quote: “we plan to grow our business to 800MW by May 2023”
delays Applied Digital 424B5 filed 2024-05-06
Quote: “Once fully energized, this location will bring the Company to 280 MW of total hosting capacity across its facilities in North Dakota”