Joint venture with Soluna Holdings for Project Dorothy 3
Company: Applied Digital
The claim, verbatim
Applied Digital signed a definitive agreement with Soluna Holdings to form a joint venture to co-develop the first phase of Project Dorothy 3, a 50 MW AI/HPC data center near Silverton, Briscoe County, Texas, adjacent to the 150 MW Briscoe Wind Farm.
Source (primary)
Applied Digital Shares Climb on 50MW Texas AI Data Center Joint Venture and Roth/MKM Buy Call - finance.biggo.com (-, news_article)
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Quote: “Under the agreement, Applied Digital will form a joint venture with Soluna Holdings, Inc. (SLNH) to develop the first phase of Project Dorothy 3, a planned 50 MW critical IT data center near Silverton in Briscoe County, Texas.”
How we checked this
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Additional evidence
confirms Applied Digital Shares Climb on 50MW Texas AI Data Center Joint Venture and Roth/MKM Buy Call - finance.biggo.com
Quote: “Under the agreement, Applied Digital will form a joint venture with Soluna Holdings, Inc. (SLNH) to develop the first phase of Project Dorothy 3, a planned 50 MW critical IT data center near Silverton in Briscoe County, Texas.”
confirms Soluna Holdings and Applied Digital Partner to Develop 50 MW AI-Focused Data Center in Texas - Kalkine Media
Quote: “it has finalized a definitive agreement to establish a joint venture with Applied Digital Corporation aimed at developing a 50 MW critical IT data center dedicated to AI and high-performance computing (HPC) at Project Dorothy 3 in Briscoe County, Texas”
confirms Soluna Holdings partners with Applied Digital for 50 MW AI data center in Texas - Crypto Briefing
Quote: “Applied Digital would hold a 51% interest and manage the venture. Soluna would contribute land and related power assets in exchange for a 49% stake.”