Three datacenters 500MW operating by H1 2023
Company: Applied Digital
What the later record shows
Partly delivered
Jamestown (106 MW) and Ellendale (180 MW) exist as hosting facilities. Ellendale reached full capacity only around August 2024 after transformer issues. The 200 MW Garden City, TX campus was sold to Marathon on April 1, 2024, so the full ~500 MW across three sites was not delivered by H1 2023.
“The Company successfully procured new transformers and related components from North American manufacturers resulting in the Company's Ellendale Data Center Hosting facility to operate at full capacity as of the date of this earnings release”
2024-08-28 · Earnings Release View cached copy (2026-10-08)Live source ↗Archive.org ↗
“The Company also broke ground on a 100 MW HPC data center in project in Ellendale, ND, on land located adjacent to its existing 180 MW Data center hosting facility.”
2024-10-21 · ARS View cached copy (2026-09-01)Live source ↗Archive.org ↗
“We completed the sale transaction on April 1, 2024.”
2024-10-22 · Applied Digital S-1 filed 2024-10-23 View cached copy (2026-08-31)Live source ↗
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
Company expects to have three datacenters operating by the first half of calendar 2023, representing nearly 500 megawatts of total hosting capacity, already fully committed through contract or option
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “We expect to have three datacenters operating by the first half of calendar 2023, representing nearly 500 megawatts of total hosting capacity, which is already fully committed through contract or option.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
CEO Wes Cummins is quoted stating each element of this expectation.
Confirmed in the source:
- The company expects three datacenters operating by the first half of calendar 2023
- The three datacenters would represent nearly 500 megawatts of total hosting capacity
- That capacity is already fully committed through contract or option
What we did: Read our cached copy of IR page (ir.applieddigital.com) (https://ir.applieddigital.com/news-events/press-releases/detail/37/applied-blockchain-reports-fiscal-fourth-quarter-and-full/) in full (21,726 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Earnings Release
Quote: “We expect to have three datacenters operating by the first half of calendar 2023, representing nearly 500 megawatts of total hosting capacity, which is already fully committed through contract or option.”
confirms Earnings Release
Quote: “We expect to have three datacenters operating by the first half of calendar 2023, representing nearly 500 megawatts of total hosting capacity, which is already fully committed through contract or option.”
confirms Earnings Release
Quote: “We expect to have three datacenters operating by the first half of calendar 2023, representing nearly 500 megawatts of total hosting capacity, which is already fully committed through contract or option.”
confirms Earnings Release
Quote: “We expect to have three datacenters operating by the first half of calendar 2023, representing nearly 500 megawatts of total hosting capacity, which is already fully committed through contract or option.”
confirms Earnings Release
Quote: “We expect to have three datacenters operating by the first half of calendar 2023, representing nearly 500 megawatts of total hosting capacity”
confirms Earnings Release
Quote: “We expect to have three datacenters operating by the first half of calendar 2023, representing nearly 500 megawatts of total hosting capacity, which is already fully committed through contract or option.”