Joint venture with Antpool/Bitmain for co-hosting infrastructure
Company: Applied Digital
The claim, verbatim
Formed joint venture with Antpool for up to 1.5GW initially of co-hosting infrastructure with Applied Blockchain owning 80% of the JV
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Formed joint venture ("JV") with Antpool, an affiliate of Bitmain, in January 2022 for up to 1.5 gigawatts ("GW") initially of co-hosting infrastructure with Applied Blockchain owning 80% of the JV”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The release states that Applied Blockchain formed a JV with Antpool for up to 1.5GW initially of co-hosting infrastructure and owns 80% of it.
Confirmed in the source:
- Applied Blockchain formed a joint venture with Antpool
- The JV covers up to 1.5GW initially of co-hosting infrastructure
- Applied Blockchain owns 80% of the JV
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: “Formed joint venture ("JV") with Antpool, an affiliate of Bitmain, in January 2022 for up to 1.5 gigawatts ("GW") initially of co-hosting infrastructure with Applied Blockchain owning 80% of the JV”
confirms Earnings Release
Quote: “Formed joint venture ("JV") with Antpool, an affiliate of Bitmain, in January 2022 for up to 1.5 gigawatts ("GW") initially of co-hosting infrastructure with Applied Blockchain owning 80% of the JV”