Soluna Holdings, Inc: forms joint venture with Applied Digital for 50 MW

What happened On Oct 21, 2026, Soluna Holdings, Inc. announced that it has entered into a definitive agreement to form a jointly owned company with Applied Digital Corporation (NASDAQ: APLD) to develop a planned 50 MW critical IT data center for AI and HPC at Project Dorothy 3, the Company’s development site near Silverton (Briscoe County) Texas and the Briscoe Wind Farm. The Company issued a press release, which is attached as Exhibit 99.1 to the filing.

Key details

• Agreement announced Oct 21, 2026 between Soluna Holdings, Inc. and Applied Digital Corporation (NASDAQ: APLD).
• Planned 50 MW critical IT data center for AI and HPC at Project Dorothy 3 near Silverton (Briscoe County), Texas and the Briscoe Wind Farm.
• Press release attached as Exhibit 99.1 and incorporated by reference in the 8-K.

Why it may matter The filing reports Item 7.01, Regulation FD disclosure, which covers the press release announcing the agreement. It also reports Item 9.01, which furnishes the press release as an exhibit and includes the embedded Inline XBRL cover page. This filing does not show why the insider traded or why the company acted.