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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 (NASDAQ: SLNH) provided its February 2026 monthly business update covering site operations, construction, customer deployments, and project development.
Key points: commissioning of K1A Galaxy (24 MW) to steady operations, Blockware completed a 6 MW expansion at Dorothy, Kati 2 Phase 1 advancing to 30% schematic design and procurement of long‑lead power equipment begun, and active discussions for 350 MW of critical IT capacity.
Soluna (NASDAQ: SLNH) expanded its partnership with Blockware by adding 6 MW of capacity at Project Dorothy 1 in west Texas. This is the third expansion with Blockware; deployment began in January and is expected to finish by the end of February. Project Dorothy is part of Soluna's 1 GW+ pipeline of renewable-first data centers that convert surplus renewable energy into computing capacity using behind-the-meter infrastructure.
Soluna (NASDAQ: SLNH) provided its January 2026 monthly business update covering site operations, partnerships, construction milestones, and pipeline progress.
Key highlights include a joint venture with Metrobloks to develop a 350MW AI campus at Project Kati 2, securing over 500 acres, ERCOT energization approval for Kati 1 phases, a CFO appointment effective April 1, 2026, and active customer deployments and commissioning timelines.
Soluna (NASDAQ: SLNH) began initial energization of Project Kati 1, an 83 MW wind-powered data center campus in Willacy County, Texas, on 2/9/2026. Kati 1A (48 MW) will ramp in three phases and is expected fully ramped by early Q2; Kati 1B (35 MW) will follow and is expected complete by end of Q3, with overall completion in Q4.
Project Kati is powered by the Las Majadas wind project, projects $17.3–$19.6mm annual revenue, and a 3.5 EH/s hashrate capacity; energization increases Soluna's total capacity by more than 67%.
Soluna (NASDAQ: SLNH) executed an Equipment Supply Agreement with Cormint to support a 12 MW modular deployment at Project Kati 1 in Willacy County, Texas. Cormint will design, procure, and deliver eight fully integrated modular data center units, each with integrated 2MW transformers and universal racking.
Manufacturing is underway; delivery is targeted for Q1 2026 with commissioning expected by Q2 2026. The modules aim to reduce on-site labor, accelerate energization, and provide repeatable, testable infrastructure for Soluna’s 83 MW Kati campus.
Soluna (Nasdaq: SLNH) appointed Michael Picchi as Chief Financial Officer and Treasurer, effective April 1, 2026. Picchi will lead finance and capital strategy as Soluna scales its renewable-powered, behind-the-meter data center model for Bitcoin mining and AI. Interim CFO David Michaels will remain CFO through March 31, 2026 and continue on Soluna’s Board. Picchi brings over 30 years of finance experience and most recently served as CFO and CAO at TECFusions since February 2024.
Soluna (NASDAQ: SLNH) and Metrobloks signed an MOU to co-develop Project Kati 2, an initial 100+ MW AI and HPC data center at Soluna’s Project Kati campus in Willacy County, Texas, with a roadmap supporting >300 MW total CIT capacity.
Metrobloks will lead design, leasing, and operations; Soluna will provide site control, power entitlements, and electrical equipment. Parties plan a project company and to jointly source third-party capital, and are working with EDF Power Solutions to add wind power. The site broke ground in September 2025 and currently has a non-binding tenant letter of intent.
Soluna Holdings (NASDAQ: SLNH) provided a January 13, 2026 monthly update on operations, project progress, and corporate actions. Key items: a $32 million registered direct offering closed to strengthen the balance sheet; Project Dorothy 2 (48 MW) operated at full capacity after November construction; Project Kati 1 (83 MW) is under construction with K1A 48 MW substantially installed and on track for substantial completion end of January; D1 and D2 saw short curtailments from a winter demand response program. New PPAs, land purchase agreements, and development activity for AI/HPC hosting were also disclosed.
Soluna (NASDAQ: SLNH) signed an MOU with Siemens to launch a 2 MW pilot at Project Grace in Texas to validate a behind-the-meter power-and-controls approach for managing rapid GPU-driven power swings from AI and high-performance computing workloads. The pilot will integrate Siemens transformers, switchgear, power converters, ancillary systems, and the SICAM SCADA platform to capture performance data under fast load steps and variable compute demand. The goal is to create a repeatable blueprint for behind-the-meter renewable compute that supports grid stability, energy efficiency, and reduced carbon impact.
Soluna (NASDAQ: SLNH) provided its November 2025 monthly business update covering operations, project progress, and Q3 results. Key financials include 37% sequential revenue growth, gross profit of 28%, and a record $60 million cash balance. Operational capacity rose 64% to 123 MW after the completion and energization of the 48 MW Dorothy 2 expansion. Project-level activity: Dorothy deployments and miner replacements, a completed 3.3 MW KULR deployment at Sophie, Kati construction progress across K1A and K1B, and design work for Kati 2 to host AI/HPC GPUs. Multiple PPAs and REP agreements are being finalized across the pipeline.