Soluna JV for Dorothy 3 AI/HPC data center
Company: Applied Digital
The claim, verbatim
Applied Digital agreed with Soluna Holdings to create a jointly owned entity to build an AI/HPC data center at the Dorothy 3 site in Texas, with Applied Digital contributing capital and holding a 51% stake once multiple closing conditions are met.
Source (primary)
Applied Digital Stock Faces Lower Targets After Data Center Partnership - Simply Wall St (-, news_article)
View cached copy (2026-11-01)Live source ↗Archive.org ↗
Quote: “Soluna Holdings reported a past agreement with Applied Digital to create a jointly owned entity to build a 50 MW AI and high performance computing data center at the Dorothy 3 site in Texas, with Applied Digital expected to contribute capital and hold a 51% stake once multiple closing conditions are met.”
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Additional evidence
confirms Applied Digital Stock Faces Lower Targets After Data Center Partnership - Simply Wall St
Quote: “Soluna Holdings reported a past agreement with Applied Digital to create a jointly owned entity to build a 50 MW AI and high performance computing data center at the Dorothy 3 site in Texas, with Applied Digital expected to contribute capital and hold a 51% stake once multiple closing conditions are met.”