Question · Q1 2026
Austin Ortiz inquired about any expected power to come online in South Dakota potentially in 2026 or 2027, and requested any general updates on the South Dakota pipeline.
Answer
Wes Cummins, Chairman and CEO, confirmed power availability in South Dakota for 2026 but identified a sales tax exemption for IT equipment as the gating item, which Applied Digital and other hyperscalers are actively working to secure.