Soluna Holdings, a publicly traded Bitcoin ($BTC) mining and AI infrastructure firm centered on renewable vitality, introduced on Thursday that it closed a $53 million deal to amass a wind farm to energy its upcoming Challenge Dorothy 3 AI information middle campus.
The Briscoe Wind Farm, situated in Briscoe County, Texas, has a possible capability of as much as 300 megawatts (MW), in accordance with the corporate’s announcement.
The corporate forecasts that the power will generate annualized income between $20 million and $24.4 million.
Shares of Soluna are up by about 7.6% following the information, and are buying and selling at about $0.76 on the time of writing.
Soluna expanded into AI information middle infrastructure in February 2024, amid an industry-wide pivot towards AI and high-performance computing infrastructure to shore up declining revenues from the crypto mining enterprise.
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Miners undertake renewable vitality options amid revenue squeeze
The Bitcoin mining {industry} faces a number of financial headwinds, together with declining block rewards, rising vitality prices and compressing revenue margins, with many corporations working close to or under breakeven ranges.
As much as 20% of mining corporations aren’t worthwhile, in accordance with a March 2026 report from asset supervisor CoinShares.
The typical price to mine a single Bitcoin rose to almost $80,000 within the fourth quarter of 2025, CoinShares stated. Bitcoin is at present buying and selling effectively under that degree.
“This autumn 2025 marked probably the most difficult quarter for Bitcoin miners for the reason that April 2024 halving,” the report stated.
The October 2025 market crash, which triggered Bitcoin to plummet from an all-time excessive across the $125,000 degree to a low of about $60,000, and rising community hashrate have positioned much more strain on the {industry}, CoinShares stated.
Bitcoin mining corporations offered over 15,000 $BTC between October and early March to cowl working bills, and the tempo of promoting has continued in current weeks.
A number of Bitcoin mining corporations, together with The Pheonix Group and Sangha Renewables, have adopted renewable vitality options to energy their operations and stay aggressive amid a difficult enterprise setting.
Canaan, a mining {hardware} producer and mining firm, partnered with Soluna in September to deploy a wind-powered $BTC mining facility on the Briscoe, Texas web site.
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