jain.com

Applied Digital 51% JV stake

Company: Applied Digital

Subject kind
acquisition
Statement date
2026-10-23
Promised amount
51.0 percent
Current status
stated

The claim, verbatim

Once the transactions close, Applied Digital will hold a 51% interest in the joint venture, with Soluna holding 49%.

Source (primary)

Soluna and Applied Digital to develop 50 MW AI data center at a Texas wind farm - W.Media (-, news_article)
View cached copy (2026-10-24)Live source ↗Archive.org ↗

Quote: “Once the transactions outlined in the agreement are closed, Applied Digital will have a 51 percent interest in the joint venture”

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 Soluna and Applied Digital to develop 50 MW AI data center at a Texas wind farm - W.Media

Quote: “Once the transactions outlined in the agreement are closed, Applied Digital will have a 51 percent interest in the joint venture”

View cached copy (2026-10-24)Live source ↗Archive.org ↗