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Datacenter operator for AI and HPC tenants, with hyperscale Ellipse and Polaris sites in North Dakota. Originally a Bitcoin miner.
Q4 2023-Q3 2025
Q1 2024-Q3 2025
2022-2025

$APLD
Operator of HPC hosting and cloud services for AI training. Built and operates the Ellendale, North Dakota campus. Long-term lease with a major hyperscaler (CoreWeave plus other unnamed) supports multi-billion-dollar RPO. Transitioning from Bitcoin hosting roots.

$APLD
Originally a Bitcoin miner, now positioned as a datacenter operator for AI and HPC tenants. Ellipse and Polaris hyperscale sites in North Dakota.