ALBANY, N.Y.--(BUSINESS WIRE)--Feb 17, 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, today announced the expansion of its partnership with Blockware, adding an additional six megawatts of capacity at Soluna’s Dorothy 1 site in west Texas.
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This marks the third expansion of the partnership between Soluna and Blockware, reflecting the continued growth of Blockware’s operations and its commitment to scale alongside Soluna within an existing project. The expansion comes as a result of Soluna’s ability to support customer growth through flexible, capital-efficient infrastructure at renewable-powered sites. Deployment of the additional capacity began in January and is expected to be completed by the end of February.
“Repeat expansions like this are a strong signal that our model is working,” said John Belizaire, CEO of Soluna. “Blockware has continued to grow with us over time, and that kind of long-term alignment reflects the reliability of our infrastructure, our operational execution, and our ability to scale alongside customers as their needs evolve.”
The expansion builds on Soluna’s existing relationship with Blockware at Project Dorothy, where Soluna delivers behind-the-meter digital infrastructure designed to convert surplus renewable energy into productive computing. By expanding within an established site, Soluna can support customer growth efficiently while maintaining disciplined capital deployment.
“As we scale, maintaining strong uptime and operational reliability becomes increasingly important,” said Mason Jappa, CEO of Blockware. “We partner with teams that are singularly focused on delivering best-in-class data center operations. Soluna has consistently provided dependable infrastructure, rapid deployment, and a renewable-powered environment that supports long-term performance. That operational track record is why we continue to expand our partnership.”
Project Dorothy is part of Soluna’s 1 GW+ pipeline of renewable-first data centers designed to support high-performance computing workloads while helping stabilize the grid by utilizing energy that might otherwise be curtailed.
For more information about Soluna and its projects, visit solunacomputing.com.
Safe Harbor Statement by Soluna
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 Soluna’s expectations with respect to the deployment timeline of the additional capacity at Project Dorothy 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. Soluna may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including but not limited to statements about Soluna’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, further information regarding which is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of the press release, and Soluna undertakes no duty to update such information, except as required under applicable 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:
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.
About Blockware
Blockware Solutions, LLC ("BWS") is an American company specializing in blockchain infrastructure and cryptocurrency mining services. Founded in 2017 and headquartered in Houston, Texas, Blockware Solutions provides comprehensive solutions, including mining hardware sales, secure data center hosting, and blockchain investment advisory services. The company also operates a large-scale network of mining farms and contributes to the decentralization of the Bitcoin network. Leveraging its technical expertise and commitment to transparency, Blockware helps individuals and institutions grow their digital asset businesses. For more information, visit www.blockwaresolutions.com.
Soluna Expands Partnership With Blockware, Adding 6 MW at Project Dorothy 1
DHAKA, Bangladesh (AP) — Bangladesh’ s new prime minister was sworn in on Tuesday after his party’s landslide win in parliamentary elections last week, the country’s first since the massive 2024 uprising and a vote billed as key to the nation's future political landscape after years of intense rivalry and disputed polls.
Prime Minister Tarique Rahman, whose term will last for five years, is the son of former Prime Minister Khaleda Zia and former President Ziaur Rahman. He is also Bangladesh’s first male prime minister in 35 years. Since 1991, when Bangladesh returned to democracy, either Rahman's mother or her archrival Sheikh Hasina had served as prime ministers.
The country’s figurehead President Mohammed Shahabuddin administered the oath of office for Rahman. Dozens of Cabinet members and members of the new government were also being sworn in on Tuesday.
The Bangladesh Nationalist Party and its partners won 212 seats in the 350-memebr Parliament while an 11-party alliance led by the Jamaat-e-Islami party, the country’s largest Islamist party, won 77 seats to be the opposition.
A new party — the National Citizen Party, or NCP — formed by the student leaders who led the 2024 uprising was part of the 11-party alliance led by Jamaat-e-Islami. The NCP secured six seats.
In Bangladesh, voters elect 300 members of Parliament directly while the remaining 50 posts are reserved for women and distributed proportionately among the winning parties.
Rahman, 60, who returned to the country in December — after 17 years in self-exile in London and shortly before his mother’s death — has promised to work for democracy in Bangladesh, a country of 170 million people.
An interim government led by Nobel Peace Prize laureate Muhammad Yunus, that took over after Hasina was toppled, oversaw the election. The vote was largely peaceful and deemed as acceptable by international observers.
Foreign dignitaries and diplomats attended the ceremony Tuesday. Maldives President Mohamed Muizzu, Bhutanese Prime Minister Tshering Tobgay and an Indian delegation were among the guests, as well as dignitaries from Nepal, Sri Lanka and other countries.
Earlier on Tuesday morning, head of the election commission A.N.M. Nasir Uddin administered the oath of office separately to all the newly elected lawmakers.
But lawmakers from the BNP refused to take a second oath as members of a proposed Constitutional Reform Council in line with a referendum held simultaneously with Thursday's balloting. The interim government said the “Yes” side won the referendum and it made the arrangement with a set of reforms proposals to change the constitution keeping all the elected lawmakers as its members.
The referendum stemmed from a national charter in light of the uprising and major parties including the BNP signed it. Lawmakers elected from the Jamaat-e-Islami and its allies took the second oath, signaling complexity in the new Parliament.
The referendum refers political reforms that include prime ministerial term limits, stronger checks on executive power and other safeguards preventing parliamentary power consolidation. But critics say rising Islamists are pushing hard for its implementation while the referendum has some agenda that could even change the character of Bangladesh's largely secular constitution.
Rahman’s main rival Bangladesh Awami League party headed by Hasina — who was ousted in the 2024 mass uprising — was banned from the race. The Yunus-led administration also banned all activities of Hasina’s party, which had ruled the country for 15 years.
From her exile in India, where she has lived since Aug. 5, 2024, Hasina slammed the vote as unfair to her party, which still remains a major political force. At home, Hasina was sentenced to death on charges of crimes against humanity because of hundreds of deaths stemming from the uprising.
She denied the allegation and termed the court as a “kangaroo court.”
Chief Advisor of Bangladesh Professor Muhammad Yunus, right, congratulates Bangladesh's newly sworn in Prime Minister Tarique Rahman, after swearing in ceremony at the National Parliament in Dhaka, Bangladesh, Tuesday, Feb.17, 2026. (AP Photo/Mahmud Hossain Opu)
Tarique Rahman, Chairperson of the Bangladesh Nationalist Party, takes oath as Prime Minister of Bangladesh from President Mohammed Shahabuddin during a ceremony at the National Parliament in Dhaka, Bangladesh, Tuesday, Feb.17, 2026. (AP Photo/Mahmud Hossain Opu)
President of Bangladesh Mohammed Shahabuddin, left, congratulates Tarique Rahman, Chairperson of the Bangladesh Nationalist Party after administering him oath of Prime Minister of Bangladesh at the National Parliament in Dhaka, Bangladesh, Tuesday, Feb. 17, 2026. (AP Photo/Mahmud Hossain Opu)
Tarique Rahman, Chairperson of the Bangladesh Nationalist Party, right, stand with Bangladesh President Mohammed Shahabuddin for national anthem after Rahman was sworn in as country's prime minister during a ceremony at the National Parliament in Dhaka, Bangladesh, Tuesday, Feb.17, 2026. (AP Photo/Mahmud Hossain Opu)
Tarique Rahman, Chairperson of the Bangladesh Nationalist Party, takes oath as Prime Minister of Bangladesh from President Mohammed Shahabuddin, left, at the National Parliament in Dhaka, Bangladesh, Tuesday, Feb.17, 2026. (AP Photo/Mahmud Hossain Opu)
Bangladesh Nationalist Party Chairperson Tarique Rahman, second right, speaks at a press conference after his party won the national parliamentary election, in Dhaka, Bangladesh, Saturday, Feb. 14, 2026. (AP Photo/Mahmud Hossain Opu)
Bangladesh Nationalist Party Chairperson Tarique Rahman shows victory sign during a meeting with media after his party won the national parliamentary election, in Dhaka, Bangladesh, Saturday, Feb. 14, 2026. (AP Photo/Mahmud Hossain Opu)
