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Data Center Hosting customer concentration

Company: Applied Digital

Subject kind
customer
Statement date
2025-07-29
Current status
stated

The claim, verbatim

Serves one crypto mining customer with remaining contractual term of two and a half years

Source (primary)

Applied Digital 10-K filed 2025-07-30 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “We currently serve one crypto mining customer with a remaining contractual term of two and a half years.”

How we checked this

Attempted on September 17, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000114487925000021/apld-20250531.htm) in full (513,758 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital 10-K filed 2025-07-30

Quote: “We currently serve one crypto mining customer with a remaining contractual term of two and a half years.”

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