Dorothy 3 JV with Soluna – 51% ownership
Company: Applied Digital
The claim, verbatim
Under an agreement with Soluna, Applied Digital would provide development capital for the Dorothy 3 project, with Soluna contributing land and power-related assets; after closing Applied Digital would hold 51% of the project company and Soluna 49%.
Source (primary)
Soluna AI Data Center Plan Pairs 50 MW With Applied Digital - remio (-, news_article)
View cached copy (2026-10-29)Live source ↗Archive.org ↗
Quote: “Applied Digital would provide development capital. After closing, Applied Digital would hold 51% of the project company, with Soluna retaining 49%.”
How we checked this
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Additional evidence
confirms Soluna AI Data Center Plan Pairs 50 MW With Applied Digital - remio
Quote: “Applied Digital would provide development capital. After closing, Applied Digital would hold 51% of the project company, with Soluna retaining 49%.”