Soluna Holdings, a publicly traded Bitcoin (BTC) mining and AI infrastructure company centered on renewable energy, supplied on Thursday that it closed a $Fifty three million deal to achieve a wind farm to energy its upcoming Mission Dorothy 3 AI info middle campus.
The Briscoe Wind Farm, situated in Briscoe County, Texas, has a doable capability of up to 300 megawatts (MW), in step with the corporate’s announcement.
The company forecasts that the power will generate annualized revenue between $20 million and $24.4 million.
Shares of Soluna are up by about 7.6% following the news, and are trading at about $0.76 at the time of writing.
Soluna Holdings’ piece stamp rose on the day of the acquisition announcement. Source: Yahoo Finance
Soluna expanded into AI info middle infrastructure in February 2024, amid an industry-huge pivot in direction of AI and excessive-efficiency computing infrastructure to shore up declining revenues from the crypto mining alternate.
Associated: AI info middle gold flee sparks debate over influence on Bitcoin mining
Miners adopt renewable energy alternatives amid revenue squeeze
The Bitcoin mining industry faces numerous financial headwinds, including declining block rewards, rising energy costs and compressing revenue margins, with many companies working attain or below breakeven levels.
Up to 20% of mining companies aren’t winning, in step with a March 2026 myth from asset manager CoinShares.
The frequent worth to mine a single Bitcoin rose to nearly $80,000 within the fourth quarter of 2025, CoinShares mentioned. Bitcoin is currently trading successfully below that level.
The frequent worth to mine a single BTC for predominant mining companies. Source: CoinShares
“Q4 2025 marked essentially the most grand quarter for Bitcoin miners since the April 2024 halving,” the myth mentioned.
The October 2025 market fracture, which caused Bitcoin to plummet from an all-time excessive spherical the $125,000 level to a low of about $60,000, and rising network hashrate possess placed principal more stress on the industry, CoinShares mentioned.
Bitcoin’s hashrate, or the whole computing energy expended by miners to catch the network, continues to upward push. Source: CoinShares
Bitcoin mining companies sold over 15,000 BTC between October and early March to duvet working costs, and the hump of promoting has persisted in most recent weeks.
Plenty of Bitcoin mining companies, including The Pheonix Community and Sangha Renewables, possess adopted renewable energy alternatives to energy their operations and remain aggressive amid a grand alternate atmosphere.
Canaan, a mining hardware producer and mining company, partnered with Soluna in September to deploy a wind-powered BTC mining facility at the Briscoe, Texas location.
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