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Soluna Holdings, IncBullish
Soluna Holdings has entered into a subscription agreement with Applied Digital to form a joint venture for developing a 50MW AI and high-performance computing data center in Briscoe County, Texas. As part of the transaction, Soluna will issue a warrant to Applied Digital to purchase up to 7,644,444 shares of common stock at an exercise price of $0.74 per share. The closing is expected by December 1, 2026, with Soluna retaining a 49% interest in the joint venture.…more
Soluna Holdings, Inc
Soluna Holdings (SLNH) has entered into a definitive agreement with Applied Digital (APLD) to jointly develop a 50 MW AI and HPC data center at the 'Project Dorothy 3' site in Briscoe County, Texas. Upon closing, expected by the end of the year, Applied Digital will hold a 51% stake and Soluna will hold 49%, with ChronoScale Holdings having signed a non-binding letter of intent to lease the facility. The transaction remains subject to customary closing conditions, including tax abatement approvals and the execution of definitive agreements.…more
Soluna Holdings, Inc
Soluna Holdings announced that its stockholders elected Dan Golding to the Board of Directors at the 2026 annual meeting held on October 16, 2026. Golding, who has served as a company advisor since 2023, will contribute his expertise in data center engineering and AI infrastructure to the Board.…more
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Soluna Announces Joint Venture With Applied Digital For 50 MW Texas AI Data Center…more
Soluna is forming a joint venture with Applied Digital to develop a 50 MW AI data center in Texas, with Applied holding a 51% stake. The project currently involves a non-binding lease letter of intent, lacking definitive financial commitments at this stage.…more
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Soluna Holdings has amended its agreement with Bitdeer to add 7 MW of mining capacity at its Texas data center. This expansion brings the total site deployment to 35 MW and fully subscribes the project's current phase.…more
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Soluna Holdings received conditional base load classification for its 100 MW Project Dorothy campus, bringing its total Texas capacity to 266 MW. The company has also submitted an interconnection request for an additional 50 MW to further expand its operations.…more
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