Soluna acquires remaining 49% of Project Dorothy 1B for $8.8M, now 100% owner

Soluna Holdings, Inc

Acquired remaining 49% equity of Project Dorothy 1B from Navitas Global for ~$8.8M cash; closed May 19, 2026.
Post-acquisition, Soluna owns 100% of Dorothy 1B, completing full equity control of D1A and D1B on the Dorothy 1 campus.
Combined with earlier $53M Briscoe Wind Farm and $16.5M D1A acquisitions, Soluna now controls 50 MW of generation-to-compute at Dorothy 1.
Unencumbered ownership is a prerequisite for converting the campus from Bitcoin mining to AI and HPC workloads.
Soluna's development pipeline exceeds 4.3 GW, including over 1 GW in development, construction, and operations.

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This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.