~96% ownership of ChronoScale
Company: Applied Digital
The claim, verbatim
Applied Digital owns approximately 96% of ChronoScale Holdings Corporation (Nasdaq: CHRN).
Source (primary)
Applied Digital Reports Fiscal First Quarter 2027 Results - Applied Digital Corporation (APLD) (-, news_article)
View cached copy (2026-10-08)Live source ↗Archive.org ↗
Quote: “ChronoScale Holdings Corporation (Nasdaq: CHRN) is a publicly traded accelerated-compute platform in which Applied Digital owns approximately 96%”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The ChronoScale Update states the ticker and the approximately 96% ownership stake.
Confirmed in the source:
- Applied Digital owns approximately 96% of ChronoScale Holdings Corporation
- ChronoScale trades on Nasdaq under the ticker CHRN
What we did: Read our cached copy of the publisher (https://ir.applieddigital.com/news-events/press-releases/detail/163/applied-digital-reports-fiscal-first-quarter-2027-results) in full (41,009 characters, retrieved October 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Applied Digital Reports Fiscal First Quarter 2027 Results - Applied Digital Corporation (APLD)
Quote: “ChronoScale Holdings Corporation (Nasdaq: CHRN) is a publicly traded accelerated-compute platform in which Applied Digital owns approximately 96%”