ChronoScale non-binding LOI for triple-net lease
Company: Applied Digital
The claim, verbatim
ChronoScale Holdings, majority-owned by Applied Digital, entered into a non-binding letter of intent for a triple-net lease covering the site.
Source (primary)
Why are Applied Digital (APLD) shares soaring today - TradingView (-, news_article)
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Quote: “ChronoScale Holdings entered into a non-binding letter of intent for a triple-net lease covering the site, though ChronoScale is majority-owned by Applied Digital”
How we checked this
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Additional evidence
confirms Why are Applied Digital (APLD) shares soaring today - TradingView
Quote: “ChronoScale Holdings entered into a non-binding letter of intent for a triple-net lease covering the site, though ChronoScale is majority-owned by Applied Digital”
confirms Soluna inks 50 MW JV with Applied Digital: CEO interview - Yahoo Finance
Quote: “Chrono scale, an AI cloud firm majority owned by Applied Digital signed a non-binding letter of intent for a triple net lease at the site”