Soluna Announces Monthly Business Update

ALBANY, N.Y.--(BUSINESS WIRE)--Feb 12, 2026--

Soluna Holdings, Inc. (“Soluna” or the “Company”) (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced its January 2026 project site-level operations, developments, and updates.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260212269143/en/

The Company has provided the following Corporate and Site Updates.

Key Company Metrics:

The monthly metrics are now available here.

Corporate Highlights:

Key Project Updates:

Project Dorothy 1A (25 MW, Bitcoin Hosting) / Project Dorothy 1B (25 MW, Bitcoin Prop-Mining):

Project Dorothy 2 (48 MW, Bitcoin Hosting):

Project Sophie (25 MW, Bitcoin Hosting):

Project Kati 1 (83 MW Under Construction, Bitcoin Hosting):

Project Kati 2 (Under Development, AI/HPC Hosting):

Project Grace (2 MW Under Development, AI/HPC Hosting):

Pipeline Highlights:

Customer Success:

View Soluna’s recent AMA here.

Soluna’s updated glossary of terms is available here.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include all statements, other than statements of historical fact, regarding our current views and assumptions with respect to future events regarding our business and our expectations with respect to Project Dorothy 1A’s 20MW Canaan deployment, and the construction of Project Kati 1, and other statements that are predictive in nature. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” and similar statements. Readers are cautioned that any forward-looking information provided by us or on our behalf is not a guarantee of future performance. Actual results may differ materially from those contained in these forward-looking statements as a result of various factors disclosed in our filings with the Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of our Annual Report on Form 10-K filed with the SEC on March 31, 2025. All forward-looking statements speak only as of the date on which they are made, and we undertake no duty to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except to the extent required by law.

About Soluna Holdings, Inc. (Nasdaq: SLNH)

Soluna is on a mission to make renewable energy a global superpower, using computing as a catalyst. The company designs, develops, and operates digital infrastructure that transforms surplus renewable energy into global computing resources. Soluna’s pioneering data centers are strategically co-located with wind, solar, or hydroelectric power plants to support high-performance computing applications, including Bitcoin Mining, Generative AI, and other compute-intensive applications. Soluna’s proprietary software MaestroOS(™) helps energize a greener grid while delivering cost-effective and sustainable computing solutions and superior returns. To learn more, visit solunacomputing.com and follow us on:

LinkedIn: https://www.linkedin.com/company/solunaholdings/
X (formerly Twitter): x.com/solunaholdings
YouTube: youtube.com/c/solunacomputing
Newsletter: bit.ly/solunasubscribe
Resource Center: solunacomputing.com/resources

Soluna regularly posts important information on its website and encourages investors and potential investors to consult the Soluna investor relations and investor resources sections of its website regularly.

Photos of Soluna’s 83MW Project Kati 1 Under Construction, January 2026

Rendering of Soluna x Metrobloks 100MW AI Data Center

Free agent forward Rui Hachimura and the Los Angeles Clippers have agreed on a two-year contract that would be worth $28 million if a team option for 2027-28 is exercised, a person familiar with the talks said Monday.

The person disclosed the financial details to The Associated Press on condition of anonymity because those numbers were not disclosed by either side. ESPN and the Los Angeles Times were among the first to report the deal's potential value.

"Rui is an elite 3-point shooter and an efficient mid-range scorer who uses his size to exploit mismatches,” Clippers basketball operations president Lawrence Frank said after the signing was completed Monday. “He will strengthen our frontcourt with his one-on-one defense and ability to space the floor. Rui is also a well-liked and respected teammate who continues to grow his game. We’re excited to add him.”

Hachimura will be joining his third team, after splitting his first eight NBA seasons between the Washington Wizards and Los Angeles Lakers. His departure means all five players that the Lakers started in Game 1 of last season's playoff run — Hachimura, LeBron James (still choosing a new team), Deandre Ayton (trade to Washington), Marcus Smart (agreed to sign with Houston) and Luke Kennard (agreed to sign with Phoenix) — will play elsewhere this season.

Luka Doncic and Austin Reaves, both of whom will remain with the Lakers, would have been starters for that Game 1 but were injured.

The 28-year-old Hachimura, who played his college basketball at Gonzaga, averaged 11.5 points and shot 44% from 3-point range last season.

AP NBA: https://apnews.com/nba

FILE - Los Angeles Lakers forward Rui Hachimura, left, drives by Oklahoma City Thunder center Chet Holmgren during the first half of Game 3 in a second-round NBA basketball playoffs series May 9, 2026, in Los Angeles. (AP Photo/Mark J. Terrill, File)