TL;DR

Soluna secures a $53 million wind farm in Texas to power its expanding AI and Bitcoin mining operations, reinforcing a shift toward renewable-backed infrastructure.
The site could reach up to 300 MW capacity and generate between $20 million and $24.4 million annually.
The move reflects a broader industry trend as miners diversify into AI amid rising costs and tighter margins following the 2024 halving.

Bitcoin miner Soluna Holdings has acquired a $53 million wind farm in Texas, strengthening its position at the intersection of crypto mining and artificial intelligence infrastructure. The facility will supply energy to its upcoming Project Dorothy 3 campus, designed to handle both Bitcoin mining and high-performance AI workloads.

The deal comes as miners increasingly look beyond block rewards, integrating energy ownership and compute services to stabilize revenues in a volatile market.

Bitcoin Mining And AI Converge Around Energy Strategy

The newly acquired Briscoe County wind farm has a potential capacity of up to 300 MW, positioning it as a key asset in Soluna’s hybrid strategy. By pairing renewable generation with flexible data center demand, the company aims to optimize energy usage while monetizing excess capacity through AI computing.

Soluna entered the AI infrastructure space in early 2024, aligning with a broader pivot across the mining sector. As demand for GPU-based computing rises, miners are repurposing existing expertise in energy management and data centers to serve AI clients.

This convergence reflects a structural shift. Bitcoin mining remains core, but AI workloads offer more predictable revenue streams compared to block rewards, which fluctuate with price cycles and network difficulty.

Renewable Energy Adoption Gains Momentum Among Bitcoin Miners

The acquisition also highlights a growing trend toward renewable energy in Bitcoin mining. Rising electricity costs and tighter margins have forced operators to rethink their energy sourcing strategies.

According to CoinShares, up to 20% of mining firms are operating near or below profitability. The average cost to mine one Bitcoin climbed to nearly $80,000 in late 2025, while market prices have struggled to consistently exceed that level.

These pressures have accelerated industry consolidation and innovation. Companies are increasingly securing direct access to energy assets, particularly wind and solar, to reduce exposure to grid volatility.

At the same time, miners have sold more than 15,000 BTC since late 2025 to cover operational expenses, underscoring the importance of diversified income streams.

Soluna’s wind-powered approach aligns with this shift, combining lower-cost energy with scalable infrastructure.

In the near term, the company expects the new asset to generate between $20 million and $24.4 million annually, adding a steady revenue layer beyond mining rewards.

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Filed under: News - @ April 2, 2026 6:28 pm