Soluna Holdings, Inc. develops green data centers that convert renewable energy into computing power for intensive applications including Bitcoin mining and artificial intelligence. Company news commonly covers customer deployments and hosting partnerships at Project Dorothy, site-level operating updates, renewable-power integration, and expansion of compute capacity across its data-center campuses.
Soluna updates also include completed energy-asset acquisitions, such as the Briscoe Wind Farm, that connect power generation with data-center operations. Other recurring disclosures address capital actions, investor communications, and Nasdaq listing compliance for its SLNH common stock.
Soluna Holdings (SLNH) signed a definitive agreement with Applied Digital (APLD) to form a joint venture for a planned 50 MW AI data center.
The project would occupy Soluna's Dorothy 3 site near Silverton, Texas. Soluna is expected to contribute land and power-related assets, while Applied is expected to provide development capital. After closing, Applied is expected to own 51% and Soluna 49%. Closing is expected by year-end 2026, subject to county tax-abatement approval, title policies, corporate approvals and execution of operating, lease, power and other agreements.
The first phase is expected to draw electricity from Briscoe Wind and the grid, subject to definitive documentation. ChronoScale (CHRN), majority-owned by Applied, signed a non-binding letter of intent for a triple-net lease of the planned facility; a definitive lease remains to be negotiated and signed.
Soluna (NASDAQ: SLNH) shareholders elected Dan Golding to the Board of Directors at the annual meeting held October 16, 2026.
Golding has served on Soluna's Advisory Board since November 2023, helping guide its approach to renewable-powered AI infrastructure. He brings more than 30 years of experience in data centers and digital infrastructure, including leadership roles at Google and Iron Mountain. He currently serves as Chief Technology Officer at ASG, formerly Appleby Strategy Group.
Soluna (SLNH) and Bitdeer (BTDR) expanded their Project Kati 1 agreement, bringing Bitdeer’s planned deployment to 35 MW.
Under the amendment with Bitdeer subsidiary Dory Creek, Bitdeer will add approximately 7 MW of Bitcoin mining equipment, taking its deployment to approximately 2.42 EH/s of computing power. Soluna expects the expansion to be complete in November 2026. The site’s K1BC phase is now fully subscribed. Under the co-mining arrangement, Soluna provides the site, power and turnkey operations; Bitdeer provides and owns the equipment, and the parties share mining proceeds.
Soluna Holdings (SLNH) will present at the virtual Water Tower Research Insights Conference on September 23, 2026.
CEO John Belizaire is scheduled to speak at 1:30 PM ET during the two-day event, which runs September 22–23, 2026, and the company will also be available for one-on-one investor meetings.
Soluna (SLNH) received a conditional ERCOT Base Load classification for its 100 MW Project Dorothy campus within Batch Zero.
This follows the earlier conditional Base Load status for 166 MW at Project Kati, bringing Soluna's conditionally classified Base Load capacity in Texas to 266 MW. Soluna has also submitted a separate 50 MW load interconnection request at the Dorothy site that is already under study by the transmission and distribution service provider.
Base Load status preserves interconnection capacity and exempts projects from further reliability evaluation or megawatt allocation within Batch Zero studies, although ERCOT must still complete a verification process before final confirmation.
Soluna Holdings (SLNH) will participate in the H.C. Wainwright 28th Annual Global Investment Conference in New York, NY from September 14–16, 2026.
Chief Executive Officer John Belizaire is scheduled to join the panel titled “Powering The AI Boom & Bitcoin Network: The Digital Infrastructure Companies Leading the Charge” on Monday, September 14, 2026 at 2:00 PM ET. Interested investors are directed to contact their H.C. Wainwright representatives to arrange meetings during the event.
Soluna Holdings (SLNH) has completed energizing the final 14 MW at Project Kati 1 in Texas, bringing the site to 83 MW and lifting the company’s total operating capacity to approximately 206 MW.
ERCOT has conditionally classified the full 166 MW Kati campus, including the planned Kati 2 AI expansion, as Base Load within its Batch Zero interconnection process, preserving its interconnection capacity based on prior study work and exempting it from further reliability evaluation or megawatt allocation within that batch. The classification remains conditional pending ERCOT’s verification process. Kati 1 is dedicated to Bitcoin hosting, while Kati 2 is planned to add 83 MW for AI and high-performance computing. Soluna reports a 6.3 GW development pipeline, including more than 650 MW of AI and high-performance computing capacity at Kati 2 and Project Dorothy 3.
Soluna (NASDAQ: SLNH) announced that a subsidiary has entered into a co-mining agreement with Dory Creek, LLC, a wholly owned subsidiary of Bitdeer Technologies Group (NASDAQ: BTDR), for deployment of about 28 MW of Bitcoin mining equipment at Project Kati 1 in South Texas.
The deployment, using Bitdeer’s Sealminer A2 Pro Air machines, represents roughly 1.93 EH/s of hash rate and is scheduled to begin ramping in batches from September 2026. Soluna will provide the site, power, and operations, while both parties share mining proceeds. Project Kati 1 is an 83 MW wind-powered data center and part of Soluna’s 192 MW operating capacity, with an additional 14 MW under construction and a 6.3 GW development pipeline.
Soluna Holdings (NASDAQ: SLNH) has closed the purchase of 397 acres in Briscoe County, Texas, to host Project Dorothy 3, a planned renewable-first AI computing campus with potential capacity of up to 300 MW. The site is adjacent to Soluna’s Projects Dorothy 1 and 2 and to the 150 MW Briscoe Wind Farm, acquired in April, whose substation lies directly across from the new property, enabling potential behind-the-meter use of company-owned generation. The acquired land exceeds the 300 acres originally identified, providing space for additional data halls if more generation or storage becomes available. Project Dorothy 3 forms part of Soluna’s development pipeline of about 6.3 GW across multiple sites, alongside roughly 192 MW of currently energized capacity.
Soluna (NASDAQ: SLNH) reported Q2 2026 revenue of $15.1 million, up 60% sequentially and 145% year-over-year (73% excluding a change to gross presentation of pass-through power costs). Gross profit was $0.8 million, with a net loss of $(22.6) million and adjusted EBITDA loss of $(1.6) million, a 25% improvement versus Q1.
The company completed vertical integration of Project Dorothy 1 by buying the 150 MW Briscoe wind farm and partners’ stakes in Dorothy 1A/1B, and signed a Kati 2 AI joint venture with Metrobloks targeting up to 350 MW IT capacity. Kati 1 reached 48 MW and delivered its first positive gross profit, while Dorothy 1A posted record quarterly revenue and a 28% gross margin. Soluna expanded its development pipeline to about 6.3 GW, ended Q2 with $113.4 million unrestricted cash and $33.1 million total debt, and subsequently raised about $23.6 million via its ATM program.