Analysis published 17 Jun 2026
AI-generated · cited to primary sources · not investment advice
Applied Digital Corporation - Common Stock (APLD) Feb 2024 Filing Analysis
03 · Future Growth
Where does growth come from?
Utilization and Uptime
The company is facing significant near-term power hurdles, with a major outage at the Ellendale facility reducing capacity to 14% in January, though recovery to 65-75% is targeted by May 2024. (1 decelerating across 1 signal)
“the Company’s 180 MW facility in Ellendale, North Dakota experienced a power outage starting in January... the Ellendale facility has begun energization and has been re-energized to approximately 14% of its full capacity, or 25 MW.”
Applied Digital Corporation - Common Stock · QUARTERLY_REPORT · Feb 2024 · p.39
See the full cited Future Growth analysis of Applied Digital Corporation - Common Stock
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