Soluna Holdings, Inc. announced that ERCOT has conditionally classified its 100 MW Project Dorothy campus as Base Load in Batch Zero. This follows a similar conditional classification for the full 166 MW at Project Kati, bringing total conditionally classified base load capacity to 266 MW across Soluna's Texas campuses. The company also submitted a request for an additional 50 MW at the Dorothy site, which is currently under study. Soluna designs, develops, and operates green data centers co-located with renewable energy sources to support high-performance computing applications such as AI and Bitcoin mining.

Soluna Holdings, Inc. completed energization of Project Kati 1, adding 14 MW to reach a total site capacity of 83 MW and bringing the company's overall operating capacity to approximately 206 MW. The filing also reports that ERCOT conditionally classified the full 166 MW Kati campus, including the planned AI expansion, as Base Load in its Batch Zero interconnection process, preserving interconnection rights pending verification. This milestone aligns with the timeline outlined during the second-quarter earnings call and confirms infrastructure costs remained on budget. Soluna Holdings, Inc. designs, develops, and operates digital infrastructure that transforms surplus renewable energy into computing resources for applications such as Bitcoin mining and artificial intelligence.

Soluna Holdings announced that a subsidiary entered into an agreement with Dory Creek, LLC, a wholly owned subsidiary of Bitdeer Technologies Group, to deploy approximately 28 MW of Bitcoin mining equipment at Project Kati 1 in South Texas. The deployment adds roughly 1.93 EH/s of hash rate and begins in September 2026 using a co-mining structure where Soluna provides site and power while Bitdeer owns the Sealminer A2 Pro Air equipment, with proceeds shared between parties. This follows Project Kati 1's first gross profit in Q2 2026 and expands Soluna's operational capacity to 192 MW across Kentucky and Texas sites. The company operates green data centers for intensive computing applications including AI and Bitcoin mining.

Soluna Holdings, Inc. closed the purchase of 397 acres in Briscoe County, Texas, on August 24, 2026. The land will host Project Dorothy 3, a planned renewable-first AI computing campus with a potential capacity of up to 300 MW. This parcel is adjacent to Projects Dorothy 1 and 2 and the company's 150 MW Briscoe Wind Farm, acquired in April, allowing for direct behind-the-meter access to generation owned outright by Soluna. The additional acreage exceeds the originally identified 300 acres, providing room for future data halls if further generation or storage capacity becomes available. Project Dorothy 3 is part of a broader development pipeline of approximately 6.3 GW across multiple sites, while the company currently operates approximately 192 MW of energized capacity. Soluna Holdings, Inc. designs, develops, and operates green data centers for intensive computing applications, including AI and Bitcoin mining.

Soluna Holdings reported Q2 2026 revenue of $15.1 million, a 145% year-over-year increase, driven by data hosting growth and the Briscoe wind farm acquisition. The company posted a net loss of $22.6 million, impacted by a $4.2 million debt extinguishment loss and new depreciation expenses. Soluna completed vertical integration at Project Dorothy by acquiring remaining interests for approximately $78.3 million total. It signed a joint venture with Metrobloks for Project Kati 2 (100 MW Phase I) and appointed Ryan Carver as Chief Development Officer. The development pipeline expanded to 6.3 GW, including 583 MW of new AI-focused sites. Soluna raised $23.6 million via its ATM program post-quarter-end and holds $113.4 million in cash. Soluna Holdings designs, develops, and operates green data centers co-located with renewable energy sources for Bitcoin mining and artificial intelligence workloads.