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

ATLANTA (AP) — Angel Reese scored 23 points, Naz Hillmon made the go-ahead layup with 20.8 seconds left in overtime and the Atlanta Dream beat the New York Liberty 101-98 on Wednesday night to take a 2-0 lead in the WNBA semifinals.

Reese scored six of her team's 13 points in overtime. She made two free throws with 4.3 seconds left after Sabrina Ionescu overthrew a pass as Atlanta moved within one win of its first WNBA Finals appearance since 2013.

“I think we did a great job making sure that we were all on the connected stream," Reese said. "We really stayed together and played together, and that's how we won.”

Jordin Canada also scored 23 points and had eight assists for the Dream, who won Game 1 92-82.

Breanna Stewart scored 35 points, including 25 in the first half. She missed a desperation attempt on the final play after the Liberty didn't use their reset to advance the ball, with Stewart saying after the game that officials told them they didn't have one left.

New York hosts Game 3 on Friday.

With the Liberty trailing 86-80 with under two minutes remaining in regulation, Ionescu cut the deficit in half with a deep 3-pointer. An Atlanta shot clock violation with 31 seconds remaining opened the door for the Liberty to get closer, and Stewart hit a quick layup in traffic to make it 86-85.

After New York fouled to extend the game, Reese knocked down both free throws to give the Dream an 88-85 advantage with 14.5 seconds left. Marine Fauthoux knocked down the game-tying 3-pointer with 10.3 seconds to go, boiling the game down to one final Atlanta possession. Rhyne Howard's midrange floater rimmed out just before the buzzer, sending the game to overtime.

“We just had a message that we thought we could be the best team over the last five minutes, let's start off by executing the first couple plays," Dream coach Karl Smesko said. "Everybody was locked in on what those plays were, and they went out there and executed them.”

Atlanta scored the first five points of overtime before New York responded with the next eight, giving the Liberty a 96-93 lead. Canada and Reese scored the next two baskets to flip the advantage again, only for Stewart to respond with one in a pulsating back-and-forth extra period.

Hillmon's layup gave Atlanta the lead for good. The Dream forced a jump ball on New York's first attempt at its final possession, only for the Liberty to win the tip and get another opportunity before Ionescu's wayward pass.

“We're not focused on winning three games straight right now,” Stewart said. “We're focused on winning one game, and that's Friday, and then we go from there. This group has experience. I've been part of some crazy series and I have a lot of confidence in our group.”

The Dream won without leading scorer Allisha Gray, who missed the game with a left hand injury. Izzy Borlase helped soak up her minutes, and the rookie scored 11 points of the bench.

See AP’s full WNBA coverage here

New York forward Breanna Stewart (30) dribbles against Atlanta during the first half in Game 2 of the WNBA basketball semifinals, Wednesday, Oct. 7, 2026, in Atlanta. (AP Photo/Daniel Varnado)

Atlanta forward Naz Hillmon (00) reacts to her basket against New York during the first half in Game 2 of the WNBA basketball semifinals, Wednesday, Oct. 7, 2026, in Atlanta. (AP Photo/Daniel Varnado)

New York guard Pauline Astier (18) drives to the basket against Atlanta forward Naz Hillmon (00) during the first half in Game 2 of the WNBA basketball semifinals, Wednesday, Oct. 7, 2026, in Atlanta. (AP Photo/Daniel Varnado)