Exchanges· ★★· neutral·

Soluna and Applied Digital to build 50 MW AI data center in Texas

  • —Project Dorothy 3 will have 50 MW of capacity, powered by the adjacent 150 MW Briscoe Wind Farm
  • —Applied Digital takes 51% and management; Soluna gets 49% for land and power assets
  • —ChronoScale signed a non-binding triple-net lease letter of intent
  • —Closing is targeted for December 31, 2026, pending Briscoe County tax abatement approval
Why it matters: The deal shows miners converting land and power into AI infrastructure, a key driver for SLNH and APLD valuations.
#SLNH#APLD
Source: Crypto Briefing
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