Dorothy 3 JV with Soluna: Applied to own 51%
Company: Applied Digital
The claim, verbatim
Applied Digital is expected to own 51% of the Dorothy 3 project company after closing, with Soluna retaining 49%; Applied supplies development capital and Soluna contributes land and power-related assets. Closing is expected by end of 2026, subject to a Briscoe County tax abatement and definitive agreements.
Source (primary)
Soluna Holdings agrees to 50 MW Texas AI partnership with Applied Digital - Mugglehead Investment Magazine (-, news_article)
View cached copy (2026-10-26)Live source ↗Archive.org ↗
Quote: “The companies expect the transaction to close by the end of 2026, subject to conditions including a county tax abatement and definitive agreements.”
How we checked this
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Additional evidence
confirms Soluna Holdings agrees to 50 MW Texas AI partnership with Applied Digital - Mugglehead Investment Magazine
Quote: “The companies expect the transaction to close by the end of 2026, subject to conditions including a county tax abatement and definitive agreements.”