other material
confidence high
sentiment positive
materiality 0.60
Soluna expands Bitdeer deal to 35 MW at Project Kati 1 with ~7 MW addition
Soluna Holdings, Inc
- Bitdeer subsidiary Dory Creek will deploy ~7 MW of additional Bitcoin mining equipment at Soluna's Project Kati 1 in South Texas, lifting total deployment to 35 MW and ~2.42 EH/s.
- This is the first expansion under the co-mining structure Soluna introduced in August; Bitdeer owns its Sealminer A2 Pro Air equipment and both parties share mining proceeds.
- Project Kati 1 is an 83 MW wind-powered data center in Willacy County, Texas; its K1BC phase is now fully subscribed and completion is expected in November 2026.
- Soluna (NASDAQ: SLNH) supplies site, power and turnkey operations; Bitdeer Technologies Group (NASDAQ: BTDR) provides and owns the mining equipment.
- CEO John Belizaire said the agreement was expanded before the initial deployment finished, calling Kati 1 'fully spoken for.'