Soluna Holdings joint venture
Company: Applied Digital
The claim, verbatim
Applied Digital agreed to form a jointly owned company with Soluna Holdings and will put up the capital for a 51% stake.
Source (primary)
Applied Digital Gains 7% as Roth Reinstates Buy With $35 Target: “Asymmetric Upside” - Yahoo Finance (-, news_article)
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Quote: “It agreed to form a jointly owned company with Soluna Holdings ( SLNH:NASDAQ ) . The venture will develop a planned 50 MW wind-powered AI data center in Texas . Applied Digital will put up the capital for a 51% stake.”
How we checked this
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Additional evidence
confirms Applied Digital Gains 7% as Roth Reinstates Buy With $35 Target: “Asymmetric Upside” - Yahoo Finance
Quote: “It agreed to form a jointly owned company with Soluna Holdings ( SLNH:NASDAQ ) . The venture will develop a planned 50 MW wind-powered AI data center in Texas . Applied Digital will put up the capital for a 51% stake.”