Applied Digital (APLD) Stock: Soars on 51% Stake in Soluna’s 50 MW Texas AI Data Center Project

TLDR APLD shares surge 8.54% as Applied Digital takes control of a Texas AI project. Applied Digital gains a 51% stake in Soluna’s planned 50 MW Texas data center. Soluna brings land and power assets, while Applied Digital funds development. ChronoScale eyes a lease for the Texas AI facility, pending final agreements. Texas AI data [...]

The post Applied Digital (APLD) Stock: Soars on 51% Stake in Soluna’s 50 MW Texas AI Data Center Project appeared first on Blockonomi.