• Soluna agreed to form a joint venture with Applied Digital to develop a 50 MW wind-powered AI data center near Silverton, Texas.
• Applied is expected to own 51% of the venture, with its partner holding 49%.
• The partners plan to contribute capital and site assets, respectively, to develop the Dorothy 3 project.
• Closing is expected by year-end 2026, subject to conditions including a Briscoe County tax abatement and definitive agreements.
• ChronoScale, majority-owned by Applied, signed a nonbinding letter of intent to lease the facility, subject to a definitive agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Soluna Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610210730PR_NEWS_USPR_____NY77436) on October 21, 2026, and is solely responsible for the information contained therein.