Soluna Holdings, a publicly traded Bitcoin ($BTC) mining infrastructure and synthetic intelligence firm targeted on renewable vitality, introduced Thursday that it closed a $53 million deal to accumulate a wind farm to energy its upcoming Venture Dorothy 3 synthetic intelligence information middle campus.
The Briscoe Wind Farm, positioned in Briscoe County, Texas, has a possible capability of as much as 300 megawatts (MW), the corporate introduced.
The corporate anticipates the ability will generate annualized income between $20 million and $24.4 million.
Soluna shares rose about 7.6% on the information and are buying and selling at round $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 embrace renewable vitality options amid shrinking income
The Bitcoin mining {industry} faces a number of financial headwinds, together with declining block rewards, rising vitality prices, and compressed revenue margins, with many firms working close to or beneath break-even ranges.
As much as 20% of mining firms are unprofitable, in response to a March 2026 report from asset supervisor CoinShares.
The common price of mining a single Bitcoin rose to just about $80,000 within the fourth quarter of 2025, CoinShares mentioned. At the moment, Bitcoin is buying and selling nicely beneath that stage.
“This autumn 2025 marked probably the most difficult quarter for Bitcoin miners for the reason that April 2024 halving,” the report says.
The October 2025 market crash, which noticed Bitcoin fall from an all-time excessive across the $125,000 stage to a low round $60,000, and the community’s hashrate surge have put much more stress on the {industry}, CoinShares mentioned.
Bitcoin mining firms bought greater than 15,000 $BTC between October and early March to cowl working bills, and the tempo of gross sales has continued in current weeks.
A number of Bitcoin mining firms, together with The Pheonix Group and Sangha Renewables, have adopted renewable vitality options to spice up their operations and stay aggressive amid a difficult enterprise setting.
Canaan, a mining {hardware} producer and mining firm, partnered with Soluna in September to implement a wind vitality system. $BTC mining facility on the Briscoe, Texas website.
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