Precio Applied Digital Corp (APLD)

Applied Digital Corp. is a technology company, which engages in the provision of development and operation of data centers which provide computing power. The company is headquartered in Dallas, Texas and currently employs 205 full-time employees. The company went IPO on 2002-07-22. The firm operates through two operating segments: the Data Center Hosting Business and the HPC Hosting Business. The Data Center Hosting Business operates data centers to provide energized space to crypto mining customers. Its custom-designed data centers allow customers to rent space based on their power requirements also it serves one crypto mining customer. The HPC Hosting Business designs, builds, and operates data centers which are designed to support high-compute applications using advanced technologies and infrastructures to provide services to customers. The firm builds over two HPC focused data center facilities to provide 100 megawatts (MW) and 150 MW. Its subsidiaries include APLD Rattlesnake Den I LLC, Applied Talent Resources LLC, Sai Computing LLC, and others.