Polaris Forge data center construction funding
Company: Applied Digital - Project: Polaris Forge 2
The claim, verbatim
Capital being raised to fund continued construction and development of Polaris Forge I and Polaris Forge 2 data centers in Ellendale and Harwood, North Dakota
Source (primary)
Applied Digital 8-K filed 2025-10-21 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “increase its access to capital to fund the continued construction and development of its Polaris Forge I and Polaris Forge 2 data centers in Ellendale and Harwood, North Dakota”
How we checked this
Checked on September 16, 2026. The cited source supports every part of this claim.
The filing states this purpose and the two North Dakota locations; it also lists working capital and transaction expenses as additional uses, which the claim does not contradict.
Confirmed in the source:
- Applied Digital entered the Fourth Amendment to increase access to capital to fund continued construction and development of its Polaris Forge I and Polaris Forge 2 data centers
- The Polaris Forge I and Polaris Forge 2 data centers are located in Ellendale and Harwood, North Dakota
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1144879/000149315225018800/form8-k.htm) in full (7,304 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital 8-K filed 2025-10-21
Quote: “increase its access to capital to fund the continued construction and development of its Polaris Forge I and Polaris Forge 2 data centers in Ellendale and Harwood, North Dakota”