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Soluna Invests $16.5 Million to Fully Acquire Dorothy 1A Project, Accelerating Computing Power Park Layout
Svmuu News: 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 Spring Lane Capital's equity in Project Dorothy 1A (D1A) for $16.5 million, achieving 100% ownership of the project. This transaction is another step by Soluna to advance the vertical integration of the Dorothy campus, following the acquisition of the Briscoe wind farm for $53 million earlier this month. The company stated it will continue to drive the transformation towards integrated computing power bases centered on AI computing. (Businesswire)
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