Soluna Holdings shares fall 4.67% in after-hours after signing 30MW expansion agreement for Project Dorothy 2 in Texas.

Soluna Holdings, Inc. surged -4.67% in after-hours trading, following the announcement of a 30MW expansion agreement for Project Dorothy 2 in Texas, with full capacity operation planned for the fourth quarter of 2025. The expansion adds 1462.03 PH/s of renewable energy-based computing power, marking the third collaboration with the same client and strengthening Soluna's position in sustainable blockchain infrastructure. The company develops green data centers that convert excess wind energy into Bitcoin mining and AI computing resources, with projects including the Dorothy and Kati series.