Dorothy 3A joint venture with Soluna (51% stake)
Company: Applied Digital
The claim, verbatim
Applied Digital affiliates agreed with Soluna to form a jointly owned project company for the planned Dorothy 3A data center in Briscoe County, Texas. At closing Applied Investor would hold 51% and Soluna 49%, with closing expected on or before December 1, 2026, subject to conditions.
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”