Majority of capacity online by 2028
Company: Applied Digital
The claim, verbatim
The majority of Applied Digital's planned 1.51 GW capacity is expected to come online by 2028.
Source (primary)
Investor Presentation (IR page (ir.applieddigital.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “with the majority coming online by 2028”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The same sentence in the presentation ties the 1.51 GW figure to the statement that the majority comes online by 2028.
Confirmed in the source:
- The majority of Applied Digital's expected capacity is described as coming online by 2028
- The total expected capacity referenced is 1.51 GW of critical IT load
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/_assets/_0d036ffb66b2bfe154912829a47150be/appliedblockchaininc/db/2905/27269/pdf/APLD_INV_June2026_Updated-compressed.pdf) in full (47,679 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “with the majority coming online by 2028”