Highland Digital $100M fund JV with GMR Limited
Company: Applied Digital
The claim, verbatim
The Company launched an independent fund of up to $100 million targeting distressed crypto asset acquisitions in a 50/50 joint venture with GMR Limited, managed by newly formed Highland Digital.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-09-29)Live source ↗Archive.org ↗
Quote: “Launched an independent fund of up to $100 million targeting distressed cryptocurrency asset acquisitions in a 50/50 joint venture with GMR Limited to be managed by a newly formed entity, "Highland Digital"”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “Launched an independent fund of up to $100 million targeting distressed cryptocurrency asset acquisitions in a 50/50 joint venture with GMR Limited to be managed by a newly formed entity, "Highland Digital"”