Applied Digital–Soluna joint venture for Texas data center
Company: Applied Digital
The claim, verbatim
Applied Digital and Soluna Holdings agreed to form a joint venture, with Applied expected to hold 51% and supply capital and Soluna contributing land and power-related assets; the agreement is expected to be completed by the end of 2026, subject to conditions and approvals including a county tax abatement.
Source (primary)
Why Applied Digital Stock Was a Major Winner on Wednesday - The Motley Fool (-, 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. ... The agreement between the companies is expected to be completed by the end of this year.”
How we checked this
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Additional evidence
confirms Why Applied Digital Stock Was a Major Winner on Wednesday - The Motley Fool
Quote: “Applied is expected to hold 51% of the joint venture, with Soluna owning the remainder. ... The agreement between the companies is expected to be completed by the end of this year.”