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ChronoScale nonbinding LOI for triple-net lease at Dorothy 3

Company: Applied Digital

Subject kind
customer
Statement date
2026-10-22
Current status
stated

The claim, verbatim

ChronoScale, Applied's majority-owned compute platform, signed a nonbinding letter of intent for a triple-net lease at the Soluna JV campus; definitive lease and power agreements still need signatures.

Source (primary)

Applied Digital Jumps 8.5% After Soluna Joint Venture for a 50 MW Wind-Powered AI Data Center - TIKR.com (-, news_article)
View cached copy (2026-10-27)Live source ↗Archive.org ↗

Quote: “ChronoScale ( CHRN ) , Applied's majority-owned compute platform, signed a nonbinding letter of intent for a triple-net lease.”

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 Applied Digital Jumps 8.5% After Soluna Joint Venture for a 50 MW Wind-Powered AI Data Center - TIKR.com

Quote: “ChronoScale ( CHRN ) , Applied's majority-owned compute platform, signed a nonbinding letter of intent for a triple-net lease.”

View cached copy (2026-10-27)Live source ↗Archive.org ↗