Soluna Holdings

Soluna has agreed a co‑mining partnership with Dory Creek (Bitdeer) to provide and install about 28 MW of mining equipment (approx. 1.93 EH/s) in the K1BC phase of the wind‑powered Kati‑1 data centre in South Texas. Commissioning is to be phased beginning in September 2026; Bitdeer will supply and own the Sealminer A2 Pro Air machines, Soluna will provide the site, power and turnkey operations, and revenues will be shared. Kati‑1 has an 83 MW capacity and recorded its first gross profit in Q2 2026; Soluna currently operates 192 MW and has a development pipeline of 6.3 GW. » More on de.investing.com

Soluna has acquired 397 acres in Briscoe County, Texas, to develop Project Dorothy 3, a planned AI computing campus with up to 300 MW of capacity. The site borders the 150‑MW Briscoe wind farm acquired in April 2026 and sits adjacent to Dorothy 1 and 2, enabling behind‑the‑meter access to company‑owned power generation. The larger parcel leaves room for future expansion if additional generation or storage capacity is added. Dorothy 3 is part of a development pipeline of about 6.3 GW; Soluna currently operates roughly 192 MW on the grid. » More on de.investing.com

Soluna raised revenue in Q2 2026 by 145% to $15.1 million and, with Project Kati 1, recorded a positive gross profit for the first time, but only slightly improved adjusted EBITDA to a loss of $1.6 million. Net loss widened to $22.6 million, weighed down by acquisition costs, interest expense and high stock-based compensation. The renewable-energy pipeline grew 47% to over 6.3 GW and cash stood at $113 million, but capital raises and dilution risks dampened investor sentiment, causing the stock to pull back. » More on de.investing.com