Polaris Forge 1 Building 2 capacity addition
Company: Applied Digital - Project: Polaris Forge 1
What the later record shows
Not a promise: a reported event · happened July 1, 2026
The claim reports Phase 1 delivery as already done 'on June 30'. Company filings and news put Ready for Service on July 1, 2026.
“On July 1, 2026, Applied Digital placed Phase 1 of the second building at Polaris Forge 1 into service, adding 75 megawatts of operational capacity”
2026-08-22 · Applied Digital Continues Heavy Capital Spending: What's Ahead? - Eastern Progress View cached copy (2026-08-31)Live source ↗Archive.org ↗
“Delivered Phase 1 of Building 2 (75 MW) at Polaris Forge 1 Ready for Service on July 1, 2026, bringing total live capacity at the campus to 175 MW.”
2026-10-07 · EX-99.1 View cached copy (2026-10-08)Live source ↗Archive.org ↗
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
Delivered the first phase of Building 2 at Polaris Forge 1, adding 75 MW of capacity on June 30, 2026, on schedule
Source (primary)
B. Riley Maintains $75 Price Target On Applied Digital (NASDAQ: APLD) After Polaris Forge 2 Site Visit - foreignpolicyjournal.com (-, news_article)
View cached copy (2026-08-31)Live source ↗Archive.org ↗
Quote: “delivery of the first phase of Building 2 at Polaris Forge 1 on June 30, adding 75 MW of capacity on schedule”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The article states Applied Digital delivered the first phase of Building 2 at Polaris Forge 1 on June 30, adding 75 MW on schedule. The article omits the year, but its August 2026 date and context establish 2026.
Confirmed in the source:
- Applied Digital delivered the first phase of Building 2 at Polaris Forge 1
- The delivery added 75 MW of capacity
- The delivery occurred on June 30 (2026, per the article's August 22, 2026 publication date and context)
- The delivery was on schedule
What we did: Read our cached copy of the publisher (https://www.foreignpolicyjournal.com/2026/08/22/b-riley-maintains-75-price-target-on-applied-digital-nasdaq-apld-after-polaris-forge-2-site-visit/) in full (2,821 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms B. Riley Maintains $75 Price Target On Applied Digital (NASDAQ: APLD) After Polaris Forge 2 Site Visit - foreignpolicyjournal.com
Quote: “delivery of the first phase of Building 2 at Polaris Forge 1 on June 30, adding 75 MW of capacity on schedule”