other material
confidence high
sentiment positive
materiality 0.75
Soluna settles NYDIG litigation, secures $100M facility, breaks ground on 166 MW Project Kati
Soluna Holdings, Inc
- Settlement with NYDIG resolves all outstanding matters, clearing path for growth (8-K filed Sep 30, 2025).
- Closed up to $100M credit facility from Generate Capital; initial $12.6M drawn in September for refinancing and construction.
- Surpassed 4 EH/s hash rate under management; Sept 2025 hosted hashrate 2,950 PH/s (up 7% MoM), self-mining 658 PH/s.
- Broke ground on Project Kati (166 MW wind-powered data center) in Texas on September 18, 2025.
- Signed 20 MW partnership with Canaan to deploy next-gen Avalon A15 XP miners at Project Dorothy.