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Polaris Forge 1 additional 150 MW expansion

Company: Applied Digital - Project: Polaris Forge 1

Subject kind
facility capacity
Statement date
2025-09-21
Promised by
2027-12-31
Promised amount
150.0 MW
Current status
stated

The claim, verbatim

150 megawatts of additional facility capacity at Polaris Forge 1 to be operational in 2026 and 2027

Source (primary)

Applied Digital DEF 14A filed 2025-09-22 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “with additional 150-megawatt facilities following in 2026 and 2027”

How we checked this

Checked on September 16, 2026. The cited source supports part of this claim, but not all of it.

The document describes additional 150-megawatt facilities (plural) following in 2026 and 2027, which implies more than 150 megawatts in total, so the claim's single 150-megawatt figure for the combined expansion is not established.

Confirmed in the source:

We could not confirm this from the cited source:

That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225014495/formdef14a.htm) in full (214,994 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Applied Digital DEF 14A filed 2025-09-22

Quote: “with additional 150-megawatt facilities following in 2026 and 2027”

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