other_material
confidence high
sentiment positive
materiality 0.60
Soluna expands Galaxy Digital partnership to deploy 48 MW at Project Kati 1
Soluna Holdings, Inc
- Galaxy will deploy 48 MW of bitcoin mining ops at Soluna's Project Kati 1, bringing total capacity to 83 MW.
- Construction expected to launch before end of August 2025; operations targeted for Q1 2026.
- This is Soluna's largest single-partner deployment, following a recent 30 MW rollout with another Top-Tier miner.
- Galaxy will be the first customer at Project Kati 1; Soluna provides turnkey power infrastructure and operations.
- Partnership extends from a prior $5M loan facility with Galaxy to an operational collaboration.
item 7.01item 9.01