Soluna acquires full ownership of Project Dorothy 1A for $16.5M; AI campus conversion accelerates

Soluna Holdings, Inc

$16.5M acquisition of 85.4% Class B interests gives Soluna 100% ownership of D1A in Silverton, TX.
Financed by $12M unsecured promissory note (matures May 15, 2027) plus cash; $6M at closing, balance due July 2026.
Follows $53M Briscoe Wind Farm buy; combined 150 MW owned renewable power positions campus for AI workloads.
Soluna plans full ownership of entire Dorothy campus; discussions on D1B and D2 are underway.
Development pipeline exceeds 4.3 GW across multiple sites, supporting AI-first strategy.

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