Soluna Consolidates Ownership of Texas Campus in Push for AI Infrastructure

Soluna Holdings has made another significant move in its bid to transform a bitcoin mining complex into an AI and high-performance computing site. The company has acquired full ownership of the 25-megawatt facility in Silverton, Texas, as part of its broader effort to expand its operations in the renewable energy sector.

The acquisition marks the latest step in Soluna's consolidation of the Dorothy campus, which currently operates roughly 100 megawatts across three phases. With this deal, Soluna has assembled a fully integrated 'generation-to-compute' ownership chain across the 50-megawatt Dorothy 1 complex.

The company is now well-positioned to transition its operations towards AI infrastructure, with Chief Executive John Belizaire stating that the latest acquisition gives Soluna greater flexibility over how and when the campus transitions. This move comes as a growing number of bitcoin miners seek to repurpose existing power infrastructure for AI and high-performance computing amid continued pressure on mining profitability.