Soluna JV closing and 51/49 ownership split
Company: Applied Digital
The claim, verbatim
Applied Digital is to supply the development capital for a 51% stake in the JV, with Soluna contributing land and power infrastructure for 49%; closing is subject to customary conditions and expected by year-end.
Source (primary)
Applied Digital Charts a 50 MW Texas Build-Out While Insiders Put Money on the Line - ad-hoc-news.de (-, news_article)
View cached copy (2026-10-28)Live source ↗Archive.org ↗
Quote: “Applied Digital is to supply the development capital in exchange for a 51% stake, while Soluna contributes land and power infrastructure for the remaining 49%. Closing is subject to customary conditions and is expected by year-end”
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 Applied Digital Charts a 50 MW Texas Build-Out While Insiders Put Money on the Line - ad-hoc-news.de
Quote: “Applied Digital is to supply the development capital in exchange for a 51% stake, while Soluna contributes land and power infrastructure for the remaining 49%. Closing is subject to customary conditions and is expected by year-end”