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Soluna JV ownership split

Company: Applied Digital

Subject kind
partnership
Statement date
2026-10-21
Promised amount
51.0 percent
Current status
stated

The claim, verbatim

Applied Digital and Soluna Holdings agreed to form a joint-venture company in which Applied is expected to hold 51%, with Soluna owning the remainder; Soluna contributes land and power-related project assets while Applied supplies capital.

Source (primary)

Why Applied Digital Stock Was a Major Winner on Wednesday - Yahoo Finance (-, news_article)
View cached copy (2026-10-22)Live source ↗Archive.org ↗

Quote: “Applied is expected to hold 51% of the joint venture, with Soluna owning the remainder.”

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 Why Applied Digital Stock Was a Major Winner on Wednesday - Yahoo Finance

Quote: “Applied is expected to hold 51% of the joint venture, with Soluna owning the remainder.”

View cached copy (2026-10-22)Live source ↗Archive.org ↗