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Soluna Holdings Announces September 2025 Operations and $100M Facility
ByAinvest
Tuesday, Oct 7, 2025 7:36 am ET1min read
Soluna Holdings, a developer of green data centers, has provided its September 2025 project site-level operations and updates. The company has settled with NYDIG, is nearing the completion of Dorothy 2, secured a $100 million facility, and broken ground on Project Kati. Soluna's monthly metrics show an average hosted hashrate of 2,950 PH/s, self-mining hashrate of 658 PH/s, and 8.7 BTC mined.
Soluna Holdings, Inc. (NASDAQ: SLNH), a developer of green data centers, has provided its September 2025 project site-level operations and updates. The company has made significant strides in its operations and strategic partnerships.Key Developments:
1. Settlement with NYDIG: Soluna has settled with NYDIG, resolving all outstanding matters and clearing the path for future growth and partnership [1].
2. Completion of Project Dorothy 2: The company is nearing the completion of Project Dorothy 2, with Phase 3 commissioning underway and expected to be completed in November [1].
3. $100 Million Facility: Soluna has secured a $100 million credit facility from Generate Capital, which will fund refinancing and construction of active data center projects, as well as support for Soluna’s 1 gigawatt pipeline [1].
4. Project Kati Groundbreaking: Soluna has broken ground on Project Kati, a 166 MW wind-powered data center in Texas, marking its largest project to date [1].
5. Strategic Partnership with Canaan: Soluna has signed a strategic agreement with Canaan Inc. to deploy 20 MW of next-generation Bitcoin miners at Project Dorothy in Texas [1].
6. Monthly Metrics: Soluna's monthly metrics show an average hosted hashrate of 2,950 PH/s, self-mining hashrate of 658 PH/s, and 8.7 BTC mined [1].
Future Outlook:
Soluna's recent developments and partnerships position the company to continue its growth trajectory. The completion of Project Dorothy 2 and the expansion of Project Kati are key milestones that will contribute to Soluna's mission to make renewable energy a global superpower.
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