Soluna secures $20M from Spring Lane for Kati 1; pipeline grows to 2.8 GW

Soluna Holdings, Inc

$20M secured from Spring Lane Capital to launch Project Kati 1; construction begins Q3 2025.
Blockware expands to 8 MW at Dorothy 2; Compass Mining renews and expands to 13 MW campus-wide.
Power pipeline increases 200 MW to 2.8 GW long-term capacity; contracting for Kati Phase 1 underway.
Dorothy 2 (48 MW) construction on schedule; Phase 1 miner deployment imminent, Phase 2 power commissioning started.
30 MW partnership expansion at Dorothy 2 with existing customer; all 48 MW fully marketed for 2025.

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This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.