Dallas, TX – According to filings with the U.S. Securities and Exchange Commission, Applied Blockchain Inc. is raising $34,500,000.00 in new funding. Sources indicate as part of senior management Chief Financial Officer, David Rench played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Applied Blockchain Inc.
Applied Blockchain, Inc. (OTC: APLD) delivers high-performance crypto mining and infrastructure solutions to customers around the globe. The company has partnered with Bitmain, SparkPool, and General Mining Research (GMR) to develop, deploy and scale its business. Applied also engages in direct mining of Ethereum, Bitcoin and other crypto assets. The company is backed by some of the largest family offices and institutional investors in the US.

To learn more about Applied Blockchain Inc., visit http://appliedblockchaininc.com/

Contact:
David Rench, Chief Financial Officer
214-427-1704
https://www.linkedin.com/in/davidrench/

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