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 (NASDAQ: SLNH) announced the appointment of Agnes Budzyn to its Board of Directors on October 21, 2025. Budzyn brings more than a decade of experience in finance, digital assets, and technology and currently serves as CEO and Managing Partner of Bluedge Ventures.
Her background includes leadership roles at BlackRock and ConsenSys, participation on the London Stock Exchange/FTSE Russell Digital Assets Advisory Committee, and work advising central banks, with a cited role managing over $40 billion in portfolio restructuring. Soluna said the appointment aims to strengthen governance as it scales its Renewable Computing platform.
Canaan (NASDAQ: CAN) released its unaudited September 2025 bitcoin mining update reporting a historic deployed hashrate of 9.30 EH/s and operating hashrate of 7.84 EH/s. The company mined 92 BTC in September and ended the month with a record cryptocurrency treasury of 1,582 BTC and 2,830 ETH. Average all-in power cost was $0.042/kWh and North America miner efficiency improved to 19.7 J/TH. Canaan secured a landmark U.S. purchase order for over 50,000 Avalon A15 Pro miners and announced a 20 MW renewable partnership with Soluna for Q1 2026 deployment.
Soluna (NASDAQ: SLNH) provided a September 2025 business update highlighting corporate and site milestones. Key items: a settlement with NYDIG that resolves outstanding matters; regained Nasdaq compliance; a scalable $100 million credit facility from Generate Capital with an initial $12.6 million draw; and a groundbreaking on Project Kati (166 MW) on September 18, 2025. Operational highlights include surpassing 4 EH/s of managed hash rate, Project Dorothy 2 (48 MW) nearing completion with Phase 3 commissioning and expected November completion, and a 20 MW miner deployment agreement with Canaan.
Soluna (NASDAQ: SLNH) announced it has regained compliance with Nasdaq Listing Rule 5550(a)(2) after its shares maintained a minimum closing bid price of $1.00 for 10 consecutive business days, a threshold achieved on October 2, 2025. Nasdaq has closed the matter and Soluna is now in full compliance with all Nasdaq continued listing requirements. The company's common stock remains listed and traded on the Nasdaq Capital Market under the ticker SLNH. Management said the company will continue executing its strategy to advance renewable-energy‑powered computing projects, and noted that forward-looking statements remain subject to risks disclosed in SEC filings.
Canaan Inc. (NASDAQ: CAN) has entered into a strategic hosting agreement with Soluna Holdings to deploy 20 megawatts (MW) of Avalon® A15 XP Bitcoin miners at Project Dorothy in Briscoe County, Texas. The deployment, expected in Q1 2026, will have a capacity of approximately 1 EH/s and will primarily utilize behind-the-meter wind power.
The partnership advances Canaan's North American self-mining strategy while supporting Soluna's expansion of its 2.8 GW+ pipeline of Renewable Computing projects. The facility combines reliable operations with cost efficiency by utilizing wind power with grid backup to ensure high uptime.
JPMorgan Chase (NYSE: JPM) and Coinbase (NASDAQ: COIN) have announced a groundbreaking strategic partnership that will revolutionize crypto accessibility. The collaboration introduces three key features: a direct bank-to-wallet connection through JPMorgan's secure API, the ability to transfer Chase Ultimate Rewards points to Coinbase accounts (a first for major credit card rewards programs), and Chase credit card integration with Coinbase.
The direct bank-to-wallet and Ultimate Rewards features are expected to launch in 2026, while Chase credit card functionality on Coinbase will be available in Fall 2025. This partnership aims to enhance security, privacy, and customer choice in crypto transactions.
Soluna Holdings (NASDAQ: SLNH), a green data center developer, has secured a $100 million credit facility from Generate Capital to expand its sustainable computing infrastructure. The deal includes an initial draw of $12.6 million for refinancing and construction of active projects, plus a $22.9 million delayed draw facility and a $64.5 million accordion facility.
The company specializes in building modular data centers that convert curtailed renewable energy into computing power for Bitcoin mining and AI applications. With recent additions of Projects Gladys (150 MW) and Fei (100 MW), Soluna has surpassed 1 gigawatt of renewable computing capacity. Generate Capital received warrants to purchase 4 million shares of Soluna common stock and a board observer right.
Soluna Holdings (NASDAQ: SLNH) announced the groundbreaking of Project Kati, its largest green data center facility to date, scheduled for September 18, 2025, in Willacy County, Texas. The facility will be developed in partnership with EDF Renewables, Masdar, and Spring Lane Capital.
Project Kati will be built in two phases, delivering a total of 166 megawatts (MW) of clean computing capacity. Phase one, Kati 1, will provide 83 MW for Bitcoin hosting, with Galaxy securing 48 MW, while Kati 2 will add another 83 MW focused on AI and high-performance computing (HPC) infrastructure. The first phase is expected to come online in early 2026.
Soluna Holdings (NASDAQ: SLNH), a green data center developer for Bitcoin mining and AI, has achieved significant milestones in August 2025. The company has surpassed 1 Gigawatt of renewable-powered computing projects with the addition of Project Gladys (150 MW) and Project Fei (100 MW), marking progress toward their 2.8 GW roadmap.
Key developments include an expanded partnership with Galaxy Digital for a 48 MW deployment at Project Kati 1, bringing the site's total to 83 MW. Construction has begun at Project Kati 1, with site energization expected by December 2025. The company's Q2'25 results showed improved Three-Month Adjusted EBITDA, up $2.3 million since Q3 2024.
Soluna Holdings (NASDAQ: SLNH), a green data center developer, has achieved a significant milestone by surpassing 1 Gigawatt (GW) of clean computing projects in its development pipeline. The company announced two new Texas-based facilities: Project Fei, a 100 MW solar-powered data center co-located with a 240 MW solar farm, and Project Gladys, a 150 MW facility co-located with a 226 MW wind farm.
These projects position Soluna to compete with major tech companies in clean computing capacity. The company's total long-term power pipeline now reaches 2.8 GW, with potential to displace approximately 48 million metric tons of CO₂, equivalent to removing 11 million cars from the road over the assets' lifetime.