ChronoScale non-binding LOI to lease Silverton facility
Company: Applied Digital
The claim, verbatim
ChronoScale Holdings, majority-owned by Applied Digital, has signed a non-binding letter of intent to lease the Silverton facility; no executed lease exists.
Source (primary)
Applied Digital Charts a 50 MW Texas Build-Out While Insiders Put Money on the Line - ad-hoc-news.de (-, news_article)
View cached copy (2026-10-28)Live source ↗Archive.org ↗
Quote: “ChronoScale Holdings — majority-owned by Applied Digital — has signed a non-binding letter of intent to lease the facility, so the potential tenancy rests on an LOI rather than an executed lease.”
How we checked this
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Additional evidence
confirms Applied Digital Charts a 50 MW Texas Build-Out While Insiders Put Money on the Line - ad-hoc-news.de
Quote: “ChronoScale Holdings — majority-owned by Applied Digital — has signed a non-binding letter of intent to lease the facility, so the potential tenancy rests on an LOI rather than an executed lease.”