Soluna Invests $16.5 Million to Acquire Dorothy 1A Project, Accelerating AI Computing Transformation

According to Businesswire, Soluna Holdings, a Nasdaq-listed company developing green data centers for compute-intensive applications such as Bitcoin mining and artificial intelligence, announced the acquisition of Spring Lane Capital’s equity stake in the AI computing campus project “Project Dorothy 1A” (D1A) for $16.5 million, thereby achieving 100% ownership of the project. Earlier this month, the company acquired the Briscoe Wind Farm for $53 million and is expected to accelerate its transformation into an integrated computing hub centered on AI computing.