Dorothy 3 Phase 1 JV with Soluna
Company: Applied Digital
The claim, verbatim
Applied Digital agreed to form a project company with Soluna for Phase 1 of Dorothy 3. Applied Digital will own 51% and supply the tenant, financing and construction, and Soluna keeps 49% and contributes land and power-related assets.
Source (primary)
Rosenblatt cuts Soluna target to $2, keeps Buy after Applied Digital joint venture - Yahoo Finance (-, news_article)
View cached copy (2026-10-23)Live source ↗Archive.org ↗
Quote: “Applied Digital will own 51% and supply the tenant, financing and construction. Soluna keeps 49% and contributes land and power-related assets.”
How we checked this
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Additional evidence
confirms Rosenblatt cuts Soluna target to $2, keeps Buy after Applied Digital joint venture - Yahoo Finance
Quote: “Applied Digital will own 51% and supply the tenant, financing and construction. Soluna keeps 49% and contributes land and power-related assets.”