Applied Blockchain Inc (APLD)

[bwrbad]

is "Applied Blockchain Inc" and Applied Digital Inc same company. did they merged or changed name.

[price_and_volume]

$APLD: labeled "An embarrassing and predictable stock promotion"

https://wolfpackresearch.com/research/apld/

I have no immediate opinion on $APLD, it could be 100% legit...

...but the issues cited will sound pretty familiar to anyone who's ever performed honest DD on a sub-penny OTC scam.

Whichever way it goes, GLTA

[Monksdream]

Applied Digital Corp NASDAQ: APLD

GoSymbol lookup
Information Technology : Software | Company profile
Applied Digital Corporation designs, develops and operates datacenters across North America to provide digital infrastructure solutions to the high-performance computing (HPC) industry. It also provides substantial compute power to blockchain infrastructure and supports Bitcoin mining. It collaborates with local utilities to solve the problem of congestion on the power grid while stimulating the development of additional renewable energy. It operates co-hosting facilities that are designed to provide computing power in which its customers lease space and access to electricity primarily designed to mine crypto assets. Its datacenters primarily host servers securing the Bitcoin network but can also host hardware for other applications such as artificial intelligence, machine learning and other blockchain networks. Its datacenters are hosting sites for HPC applications that offer high compute power solutions. Its co-hosting facilities are in Jamestown, North Dakota and Garden City, Texas.
Applied Digital Corp NASDAQ: APLD

GoSymbol lookup
Information Technology : Software | Company profile
Applied Digital Corporation designs, develops and operates datacenters across North America to provide digital infrastructure solutions to the high-performance computing (HPC) industry. It also provides substantial compute power to blockchain infrastructure and supports Bitcoin mining. It collaborates with local utilities to solve the problem of congestion on the power grid while stimulating the development of additional renewable energy. It operates co-hosting facilities that are designed to provide computing power in which its customers lease space and access to electricity primarily designed to mine crypto assets. Its datacenters primarily host servers securing the Bitcoin network but can also host hardware for other applications such as artificial intelligence, machine learning and other blockchain networks. Its datacenters are hosting sites for HPC applications that offer high compute power solutions. Its co-hosting facilities are in Jamestown, North Dakota and Garden City, Texas.

[F/T]

DALLAS, June 23, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder, and operator of next-generation digital infrastructure that is designed for High-Performance Computing (“HPC”) applications, today announced that its recently launched AI Cloud Service, through its wholly-owned subsidiary Sai Computing, has secured its second AI customer with an agreement worth up to $460 million over 36-months.

[F/T]

Applied Digital celebrates energizing of facility in Ellendale, ND
Applied Digital hosted a ribbon-cutting ceremony Friday, June 16, for its data center that is located about 1 mile west of Ellendale.

ELLENDALE, N.D. — In less than two years since breaking ground on its first facility, Applied Digital Corp. has constructed two data centers in North Dakota, but the future is even better for the company, according to CEO Wes Cummins.

“Before we hit the two-year mark of breaking ground on our first facility, we will have put almost 500 megawatts of data center capacity online in less than 24 months,” he said. “I don’t think you will find another startup or even maybe another company in the world that has done that amount of capacity in that amount of time and that’s great.”

Applied Digital, which is headquartered in Dallas, hosted a ribbon-cutting ceremony Friday, June 16, for its data center that is located about 1 mile west of Ellendale.

Applied Digital designs, develops and operates next-generation data centers across North America to provide digital infrastructure solutions to the rapidly-growing high-performance computing industry, according to its website.

The 180-megawatt facility in Ellendale is Applied Digital’s second in North Dakota along with the facility in Jamestown that went online in 2022. Cummins said the Ellendale facility currently has around 160 megawatts online.

“A few weeks from now, we will be fully loaded at 180 megawatts,” he said.

Applied Digital entered into a five-year energy service agreement with Montana-Dakota Utilities Co.

“We believe it’s a good thing for Applied, it’s a good thing for our customers in North Dakota, it’s a good thing for our company and shareholders,” said Nicole Kivisto, CEO of MDU.

The project provides an array of benefits to the Ellendale area, the transmission grid, Montana-Dakota customers and MDU stockholders, according to a news release from MDU. The data center provides new property tax revenue to Dickey County and helps lessen congestion on the power grid in that region of North Dakota.

The revenue to Montana-Dakota will be shared between its North Dakota customers and the company as outlined in the energy service agreement. Customer benefits will be via credits on their monthly bills.

Cummins said he spoke to officials from the Bank of North Dakota and the Public Service Commission in December about the potential for North Dakota to be at the center of the artificial intelligence revolution.

“We've started signing contracts for that and we are going to expand here at Ellendale hopefully with that as well,” he said. “There is a whole new revolution of compute power coming. North Dakota is going to be at the center of that. Applied Digital hopefully is leading the way.”

The data center includes 10 buildings — most around 500 feet by 50 feet — and another for offices, a warehouse and its support center. The buildings host about 55,000 mining machines.

The company’s data center currently has 24 employees, said Nick Phillips, executive vice president of hosting operations and public affairs, after the ceremony. He said the company plans to have 29 total employees at the data center in Ellendale.

“If we do an expansion here, we might get as much as 60,” he said.

The mining machines mine Bitcoin, Cummins said after the ceremony.

“But, we’d like to expand AI (artificial intelligence) here,” he said.

Rep. Jim Grueneich, R-Ellendale, touted the economic impact that Applied Digital has brought to Ellendale. He said he knows people who are moving back to Ellendale for work.

“We are going to revitalize these small communities and it’s important for rural North Dakota and small-town America,” he said.

Next generation data centers open significant opportunities for the future diversification of the state’s economy while providing new jobs for Ellendale residents, said Gavin Miller, constituent services representative for Sen. Kevin Cramer, R-N.D., who read a letter signed by the senator.

“With North Dakota’s wide open spaces, abundant energy and ideal climate, there is a bright future for additional development within our state,” he said.

For more than 20 years, officials have worked to build a vibrant technology sector in North Dakota by creating the right business climate that promotes investment and innovation, said Phillips, who read a letter signed by Sen. John Hoeven, R-N.D.

“As a result, technology is serving as the third wave of our state’s economic growth following expansion in agriculture and energy,” he said. “Applied Digital’s new facility builds upon this progress providing important infrastructure and computing capacity to support a variety of applications across industries.”

Jamestown facility
Cummins said Applied Digital has expanded its plans for the new facility in Jamestown that will host high-performance computing applications such as natural language processing, machine learning and other high-performance computing applications developments. He said it will now be a 9-megawatt facility instead of 5 megawatts.

“A portion of the capacity turned on last month, and the remainder of the capacity turns on by the end of the year,” he said.

Applied Digital recently announced that its Jamestown facility successfully passed the integrated systems test for its first 200 kilowatts of high-performance computing equipment and systems.

The integrated systems test is the final step in ensuring that all systems, including powered equipment, operate in accordance with the design intent, according to a news release on Applied Digital’s website. The test verifies the performance and reliability of the systems under load, including power cuts and serves as a crucial evaluation that determines whether the design, equipment selection and construction meet the expected performance standards, ensuring optimal reliability and high availability.

[F/T]

Applied Digital Announces Successful Integrated Systems Test at Jamestown, North Dakota Facility for HPC Deployment

DALLAS, June 12, 2023 (GLOBE NEWSWIRE) -- Applied Digital Corporation (Nasdaq: APLD) ("Applied Digital " or the "Company"), a designer, builder and operator of next-generation digital infrastructure that is designed for High Performance Computing (“HPC”) applications, today announced that its Jamestown, North Dakota facility successfully passed the Integrated Systems Test (IST) for its first 200KW of HPC equipment and systems.

The Integrated Systems Test is the final step in ensuring that all systems, including powered equipment, operate in accordance with the design intent. This comprehensive test verifies the performance and reliability of the systems under load, including power cuts. It serves as a crucial evaluation that determines whether the design, equipment selection, and construction meet the expected performance standards, ensuring optimal reliability and high availability.

“This is a pivotal step for the Company as we continue to build out our ultra-efficient HPC digital infrastructure,” said Applied Digital CEO and Chairman, Wes Cummins. “This has truly been a company-wide effort and reaffirms our confidence in our datacenters’ reliability and performance for customers. This is a significant proof-point of a process we started over a year ago with a proprietary datacenter design to serve high power density workloads in purpose-built digital infrastructure. We are excited for the future and look forward to the successful development of phases 2 and 3 in the same building that are currently underway and are expected to be fully operational by the end of the year. With the significant amount of demand we are currently seeing for this style of digital infrastructure, we expect to continue to build out our current capacity pipeline to over 200MW. In addition to providing colocation capacity, our digital infrastructure is an important differentiator for the new Cloud Service offering through Sai Computing, our wholly-owned subsidiary.”

[Tiger Money]

Awesome. Glad to hear. I have watched this run and it is overdone but you never know that is why I would like to straddle it when options become tradable on this puppy

[F/T]

I held most of it. But glad you made some $ on it.

[Tiger Money]

I sold at $5 on my second round of building a position after the first time I screwed up and sold too early on my first position. Either way I made $ but could have made double if I would have originally sit tight. I am waiting for options on this to buy a straddle and some additional put options on top. This should be a $3-4 stock. How have u been doing?

[F/T]

Hey Tiger. I remember you buying this early on pre-reverse split. Did you hold any for the recent run up?

[Tiger Money]

This stock is expensive at nearly a billion market cap

[declaes]

This one keeps on going.

[horst]

good lord, I used to have 250K of this stock at .02 and felt like a king when I sold near a dollar. congrats to any longs from the custodianship days who held out this long!

[Triple nickle]

Finally busted thru nine bucks

[F/T]

operator of next-generation digital infrastructure that is designed for High-Performance Computing (“HPC”) applications, today announced that its recently launched AI Cloud Service, through its wholly-owned subsidiary Sai Computing, has secured its first major AI customer with an agreement worth up to $180 million over a 24-month period.

The customer will make a significant pre-payment as part of the agreement. The service is expected to start coming online this June and is expected to be fully ramped up by the end of the year.

“The amount of demand we are seeing from emerging applications for these high-power compute solutions is unprecedented and likely just the tip of the iceberg,” said Applied Digital CEO and Chairman, Wes Cummins. “With a surge in demand for high-performance compute power to support the growing AI industry, we are excited to be at the forefront of this transformation. This partnership not only reaffirms our commitment to advancing emerging technology applications but also solidifies our position as a key player in the digital infrastructure landscape.”

Applied Digital’s next-generation datacenters are ideal hosting sites for HPC applications that can offer lower cost, high compute power solutions compared to traditional datacenters that are typically higher cost and do not have the ability in most current facilities to provide the power density required for AI/ML workload.

[glenn1919]

APLD...........................https://stockcharts.com/h-sc/ui?s=APLD&p=W&b=5&g=0&id=p86431144783

[F/T]

This is finally moving.

[Spicknspan]

Not all Blockchain companies are equal in prospects. Once the FTX deal starts getting sorted out, they will rebound.

[RickGil]

The Nasdaq lost over 200 points on Wednesday.

[F/T]

https://www.inforum.com/business/applied-blockchain-breaks-ground-on-100-million-high-performance-computing-center-in-ellendale

[F/T]

DALLAS, Sept. 19, 2022 (GLOBE NEWSWIRE) -- Applied Blockchain, Inc. (Nasdaq: APLD) ("Applied Blockchain" or the "Company") a designer, builder and operator of next-generation datacenters that provide power to blockchain infrastructure and support High-Performance Computing (HPC) applications, today announces the groundbreaking of its 180-megawatt (MW) hosting facility in Ellendale, North Dakota occurred on September 8, 2022. The next-generation datacenter marks the second facility within the state, following the successful 100MW facility in Jamestown, North Dakota that opened earlier this year. The Ellendale facility is expected to begin energizing early in the first half of calendar 2023, leveraging experience the Company gained from the construction and operation of its Jamestown facility.
The Ellendale facility officially marks the third next-generation datacenter for Applied Blockchain, with the construction of its 200MW facility in Garden City, Texas progressing ahead of schedule with several buildings already erected.

Applied Blockchain entered into a five-year Energy Service Agreement (ESA) with a utility partner in Dickey County servicing Ellendale, North Dakota on September 1, 2022. Available transmission capacity and excess wind generation, in addition to strong relationships with North Dakota communities, and contractors to assist with facility construction and operation, were key factors in choosing the location.
“The community of Ellendale and representatives of North Dakota have been amazing to work with as we bring this next facility to life,” said Applied Blockchain Chairman and CEO Wes Cummins. “Having the new 180MW facility located close to significant wind power capacity will allow it to be powered with renewable energy to further propel future high performance computing solutions for global enterprises and applications. The entire capacity of this facility is already under contract, demonstrating the significant demand we continue to have for our hosting services.”

In conjunction with the execution of the ESA and groundbreaking, Applied Blockchain and Marathon Digital Holdings (Nasdaq: MARA) mutually executed the option for an additional 70MW of hosting at the Ellendale location. This brings contracted capacity with Marathon to 276MW and total contracted hosting for the Company to nearly 500MW.

[basssque]

https://www.globenewswire.com/news-release/2022/09/07/2511429/0/en/Applied-Blockchain-Announces-Upcoming-Conference-Participation.html
This conference will gain us some institutional ownership!!

[F/T]

https://www.forbes.com/sites/mariagraciasantillanalinares/2022/08/29/applied-blockchain-broadens-digital-ambitions/

[F/T]

Thanks.

[basssque]

https://viavid.webcasts.com/viewer/event.jsp?ei=1563777&tp_key=019d245643

[F/T]

It’s good to know the earnings call was good. I didn’t have a chance to listen

[basssque]

500MW online by 1H23!

[basssque]

Should see some institutional buying soon. That earnings call was strong, this company makes extremely attractive financial decisions. Comforting to hear and music to shareholder and investors ears! Quarterly earnings of -0.04/share beating expectations by 69%! Very much looking forward to the updates over the next few months! Good buy here

[F/T]

Yes. Very good quarter. They are progressing well with their projects.

[basssque]

$APLD Press Release
Increased revenue above estimate and projects ahead of schedule! Looking good!!

[basssque]

Ethereum APR Yields expected to increase 50% post merger which is expected the week of Sept 19th

https://cointelegraph.com/news/ethereum-foundation-clarifies-that-the-upcoming-merge-upgrade-will-not-reduce-gas-fees/amp

https://consensys.net/knowledge-base/the-merge/

[basssque]

We’ll get all the revenue and project updates we’ve been waiting for in the conference call at 5pm on the 25th

[basssque]

Sold for 7% profit that morning, below target but still profit

[bradbeach]

How did that work for you?

[basssque]

Setup for an nice day trade, buy premarket @ $2.09 and sell later today for an EASY minimum 5%-10% profit ($2.35 target today)

[basssque]

Traded this a few times now and accumulating more shares as I go. Still buying, picked up a bunch more here under $2

[basssque]

Bitcoin blast off!! $$$$

[basssque]

Back up to $2!

[basssque]

Buy Buy Buy!! More capacity coming online by the end of August!! EASY money here

[basssque]

$100mil over 5 years and more than double that capacity still to come by the end of the year!!
Share price is dirt cheap right now

[basssque]

Added 50% this morning @ $2.06, sweet discount!!!

[basssque]

Yesterday the eod run started at 2:40pm

[basssque]

Volume still off the chart, good accumulation

[basssque]

End of the day should test that $2.80 - $2.95 level again. The whole market just took a dip for now, cooled off a bit. Entry in the $2.40’s looks rock solid

[basssque]

I just added more here at $2.51, good entry for new shareholders right now

[bandit007]

I’m in for a few. GL

[basssque]

Almost 50mil shares traded in just the first hour! On track to exceed yesterdays volume!! HUGE

[Carjockey2]

Awesome trade!!!

[basssque]

I sold some at $2.90 and bought back more here at $2.68
This stock is a huge money maker

[Carjockey2]

I seeeeee

Weeeeeee