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ChronoScale LOI for Dorothy 3 lease

Company: Applied Digital

Subject kind
customer
Statement date
2026-10-22
Promised by
2026-12-01
Current status
stated

The claim, verbatim

ChronoScale, Applied Digital's majority-owned compute platform, signed a non-binding letter of intent for a long-duration triple-net lease; management targets a signed lease by December 1.

Source (primary)

Rosenblatt cuts Soluna target to $2, keeps Buy after Applied Digital joint venture - Yahoo Finance (-, news_article)
View cached copy (2026-10-23)Live source ↗Archive.org ↗

Quote: “ChronoScale (NASDAQ: CHRN) , Applied Digital's majority-owned compute platform, has signed a letter of intent, which is non-binding, for a long-duration triple-net lease. Management targets a signed lease by December 1”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Rosenblatt cuts Soluna target to $2, keeps Buy after Applied Digital joint venture - Yahoo Finance

Quote: “ChronoScale (NASDAQ: CHRN) , Applied Digital's majority-owned compute platform, has signed a letter of intent, which is non-binding, for a long-duration triple-net lease. Management targets a signed lease by December 1”

View cached copy (2026-10-23)Live source ↗Archive.org ↗