Applied Digital JV with Soluna for Dorothy 3A data center
Company: Applied Digital
The claim, verbatim
On October 20, 2026, affiliates of Applied Digital entered a Subscription Agreement with Soluna to form a jointly owned company to develop a planned 50 MW Critical I.T. AI/HPC data center at Project Dorothy 3 near Silverton (Briscoe County), Texas. At closing, Applied Investor would hold 51% and Soluna Investor 49%.
Source (primary)
A warrant for up to 7.64M shares would accompany Soluna (SLNH)'s planned Applied Digital venture. - Stock Titan (-, news_article)
View cached copy (2026-10-26)Live source ↗Archive.org ↗
Quote: “Applied Investor is obligated to subscribe for and acquire common units representing 51% of the issued and outstanding membership interests of the Project Company”
How we checked this
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Additional evidence
confirms A warrant for up to 7.64M shares would accompany Soluna (SLNH)'s planned Applied Digital venture. - Stock Titan
Quote: “Applied Investor is obligated to subscribe for and acquire common units representing 51% of the issued and outstanding membership interests of the Project Company”