Seven crypto mining customers with multi-year contracts
Company: Applied Digital
The claim, verbatim
Applied Digital serves seven crypto mining customers, each with contracts ranging from three to five years
Source (primary)
ARS (IR page (ir.applieddigital.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “We currently serve seven crypto mining customers, all of which have entered into contracts with us ranging from three to five years”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The 10-K states the company currently serves seven crypto mining customers, all with contracts of three to five years.
Confirmed in the source:
- Applied Digital serves seven crypto mining customers
- Each of those customers has a contract ranging from three to five years
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/sec-filings/all-sec-filings/content/0001493152-24-042124/ars.pdf) in full (721,673 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms ARS
Quote: “We currently serve seven crypto mining customers, all of which have entered into contracts with us ranging from three to five years”