---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-027852"
form_type: "8-K"
ticker: "SLNH"
cik: "0000064463"
company_name: "Soluna Holdings, Inc"
filed_at: "2026-06-09T11:30:20+00:00"
generated_at: "2026-06-09T11:35:47.531272+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Soluna Q1 revenue up 58% YoY; signs JV for Kati 2 (350MW) with Metrobloks; buys Dorothy 1B

## Summary
- Q1 2026 revenue up 58% YoY; Bitcoin hosting revenue up 178% YoY; 147 MW under management.
- Soluna now holds 100% of Dorothy 1 campus after acquiring full ownership of Project Dorothy 1B.
- Signed definitive JV for Kati 2 (350+ MW AI/HPC); Soluna contributed ~$3.5M and committed ~$19M for Phase II land.
- Distribution waterfall: Soluna gets repaid, 14% IRR, $100k/MW, then 50/50 with Metrobloks.
- Regained Nasdaq compliance; engaged top-tier investment bank for Kati 2 capital raising.

## SEC filing metadata
- accession: 0001493152-26-027852
- form_type: 8-K
- ticker: SLNH
- cik: 0000064463
- company_name: Soluna Holdings, Inc
- filed_at: 2026-06-09T11:30:20+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/64463/000149315226027852/0001493152-26-027852-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/64463/000149315226027852/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-027852
- JSON: https://secwatch.observer/filing/0001493152-26-027852.json
- Plain text: https://secwatch.observer/filing/0001493152-26-027852.txt

## Key facts
- Material Agreements
  Soluna Holdings, Inc entered into Joint Venture Agreement with DC Kati Venture LLC (effective 2026-06-03).
  - Action: entry
  - Agreement: collaboration
  - Counterparty: DC Kati Venture LLC
  - Effective: 2026-06-03
  source text: on June 3, 2026 (the "Effective Date"), Soluna HPC KK II HoldCo, LLC (the "Soluna Member"), a wholly owned subsidiary of Soluna HPC, Inc., a wholly owned subsidiary of the Company, entered into a limited liability company agreement (the "Joint Venture Agreement") with DC Kati Venture LLC (the "Metrobloks Member") to govern the terms of operation of Soluna MB KK II JVCo, LLC (the "Joint Venture").
  evidence_url: https://www.sec.gov/Archives/edgar/data/64463/000149315226027852/0001493152-26-027852-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.