Soluna acquires 100% of the Dorothy 1A project for $16.5 million to accelerate the deployment of its computing power campus.
According to Odaily, Soluna Holdings, a Nasdaq-listed company developing green data centers for intensive computing applications such as Bitcoin mining and artificial intelligence, announced the acquisition of Project Dorothy 1A (D1A) equity held by Spring Lane Capital for $16.5 million, achieving 100% ownership of the project. This transaction marks another effort by Soluna to advance vertical integration of the Dorothy campus, following its $53 million acquisition of the Briscoe wind farm earlier this month. The company stated it will continue to advance the transformation of an integrated computing power base centered on AI computing. (Businesswire)
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