Soluna has closed the acquisition of the remaining equity interest in its Project Dorothy 1B from Navitas Global for a reported $8.8 million.

Following the close, Soluna will have complete ownership of the 25MW data center located in Silverton, Texas.

The acquisition now means that Soluna owns the entirety of its Project Dorothy data center project, having closed the acquisition of Dorothy 1A, a 25MW facility adjacent to 1B earlier this year. The data centers are powered by the 150MW Briscoe onshore wind farm, which the company acquired in April. The company is planning a further data center, dubbed Dorothy 3, at the site.

“Completing the acquisition of Dorothy 1 is an important step in our broader roadmap toward building Dorothy 3 for AI and high-performance computing,” said John Belizaire, CEO of Soluna. “We can now decide when and how we convert, bring in the right partners on our terms, and present Dorothy 3 to AI customers as a fully controlled, powered campus.”

According to the company, the Dorothy campus is expected to transition to AI as its primary workload over the medium term, with the company pivoting away from Bitcoin mining towards AI. The company said its pipeline now exceeds 4.3GW across multiple sites, with newer developments such as Kati 2 and Grace already aligned to AI-focused deployments.

Soluna is a cryptocurrency mining firm that utilizes renewable energy projects as its primary power source. The company has a total operational capacity of 123MW and 11 data center sites in various stages of development.

This includes the 187MW Project Rosa site in Texas; the 50MW Dorothy I A and B, as well as 48MW Dorothy II, again in Texas; Project Sophie, a 25MW data center in Kentucky; and the 2MW Grace site in Texas.