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Soluna Announces Fourth Expansion with Blockware, Surpassing 17 MW of Total Capacity

Business

Soluna Announces Fourth Expansion with Blockware, Surpassing 17 MW of Total Capacity
Business

Business

Soluna Announces Fourth Expansion with Blockware, Surpassing 17 MW of Total Capacity

2026-04-21 19:32 Last Updated At:19:50

ALBANY, N.Y.--(BUSINESS WIRE)--Apr 21, 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 a new expansion of its partnership with Blockware. The agreement adds 3.3 MW of capacity at Soluna’s Project Dorothy 1B site in West Texas. This marks Blockware’s fourth expansion with Soluna and its first deployment at Project Dorothy 1B.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260421426186/en/

With this latest addition, Blockware becomes the first customer signed at Dorothy 1B, a 25 MW data center co-located with and powered by the Briscoe Wind Farm. Soluna recently acquired the Briscoe Wind Farm in a $53 million transaction, enabling full vertical integration between its energy generation and data center operations. Across all sites, Blockware’s total deployed capacity with Soluna now exceeds 17 MW.

“We’re excited to expand our partnership with Blockware for the fourth time and bring them to a new site,” said John Belizaire, CEO of Soluna. “As we scale, we remain focused on delivering reliable, renewable-powered infrastructure for AI and Bitcoin mining.”

This announcement follows a February expansion in which Soluna added 6 MW of capacity for Blockware at its Dorothy 1A site in West Texas. Deployment for this most recent project began in March and supports Soluna’s model of delivering behind-the-meter digital infrastructure that converts surplus renewable energy into high-performance computing.

“As Blockware’s capacity needs continue to grow, Soluna has consistently delivered,” said Mason Jappa, CEO of Blockware. “Their ability to launch new sites allows us to deepen our partnership and scale alongside them.”

Following its acquisition of the Briscoe Wind Farm, which powers all Project Dorothy sites, Soluna has also announced plans to develop Project Dorothy 3 at the same campus. The Company expects to share additional updates as development progresses.

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 1B, development of Project Dorothy 3, 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 Announces Fourth Expansion with Blockware, Surpassing 17 MW of Total Capacity

Soluna Announces Fourth Expansion with Blockware, Surpassing 17 MW of Total Capacity

The prospect of a second round of talks was uncertain Tuesday after Iran’s chief negotiator said Iran would not negotiate in the face of threats while U.S. President Donald Trump offered mixed messages about the path ahead for the U.S. war against Iran, declaring that he was in no rush to end the conflict.

Mohammed Bagher Qalibaf, Iran’s chief negotiator and parliament speaker, wrote in a post on X early Tuesday that “We do not accept negotiations under the shadow of threats,” and the Islamic Republic has been preparing “to reveal new cards on the battlefield.”

Trump indicated that he still expects to dispatch his negotiating team, led by U.S. Vice President JD Vance, to Pakistan’s capital of Islamabad for talks, even as Iran insisted it would not take part until the U.S. leader dialed back his demands. Trump said he’s “highly unlikely” to renew the ceasefire before it expires Wednesday.

Since the war started, fighting has killed at least 3,375 people in Iran and more than 2,290 in Lebanon. Additionally, 23 people have died in Israel and more than a dozen in Gulf Arab states. Fifteen Israeli soldiers in Lebanon and 13 U.S. service members throughout the region have been killed.

Here is the latest:

Iran said Tuesday it hanged a man convicted over allegedly setting fire to a mosque in northern Tehran during nationwide protests in January.

The judiciary’s Mizan news agency identified the man as Amir Ali Mir Jafari.

There was no immediate information about Jafari among activists who follow Iran.

Iran has been accused of repeatedly holding closed-door trials against suspects who can’t challenge the evidence placed against them.

Iran already has hanged people from the January protests, something that U.S. President Donald Trump had described as a red line before the recent war.

Shares are mixed in Asia and oil prices have slipped following the latest rise of U.S.-Iran tensions.

The lackluster start to trading Tuesday followed a modest retreat on Wall Street.

On Monday, the S&P 500 slipped 0.2% from its all-time high and the Dow industrials edged less than 0.1% lower. The Nasdaq composite fell 0.3%.

The price for a barrel of Brent crude oil remains above $95.

Trump attacked critics after a second round of talks with Iran was thrown into doubt by the U.S. Navy’s seizure of an Iranian-flagged cargo ship.

Financial markets have had vicious swings, both up and down, since the war began because of uncertainty about how long it may last.

The fear is that a long-term disruption could keep so much oil and natural gas off global markets that it creates a punishing wave of inflation for the global economy.

Police officers stand guard at a checkpoint on a barricaded ahead of the second round of negotiations between the U.S. and Iran, in Islamabad, Pakistan, Tuesday, April 21, 2026. (AP Photo/Anjum Naveed)

Police officers stand guard at a checkpoint on a barricaded ahead of the second round of negotiations between the U.S. and Iran, in Islamabad, Pakistan, Tuesday, April 21, 2026. (AP Photo/Anjum Naveed)

President Donald Trump speaks in the Oval Office of the White House, Saturday, April 18, 2026, in Washington. (AP Photo/Julia Demaree Nikhinson)

President Donald Trump speaks in the Oval Office of the White House, Saturday, April 18, 2026, in Washington. (AP Photo/Julia Demaree Nikhinson)

Women share a moment as they look at a smartphone at the main gate of the Tehran University as a banner shows portraits of the late Supreme Leader Ayatollah Ali Khamenei, right, and the late revolutionary founder Ayatollah Khomeini in Tehran, Iran, Sunday, April 19, 2026. (AP Photo/Vahid Salemi)

Women share a moment as they look at a smartphone at the main gate of the Tehran University as a banner shows portraits of the late Supreme Leader Ayatollah Ali Khamenei, right, and the late revolutionary founder Ayatollah Khomeini in Tehran, Iran, Sunday, April 19, 2026. (AP Photo/Vahid Salemi)

A woman talks on her cellphone as she walks past a billboard showing Rais Ali Delvari, a national hero in an early 1900 uprising against British forces in southern Iran in the Persian Gulf, right, and the late Revolutionary Guard's navy chief Alireza Tangsiri, who was killed in the U.S.-Israeli strike in late March 2026, commanding the closure of the Strait of Hormuz, on a building at a square in downtown Tehran, Iran, Monday, April 20, 2026. (AP Photo/Vahid Salemi)

A woman talks on her cellphone as she walks past a billboard showing Rais Ali Delvari, a national hero in an early 1900 uprising against British forces in southern Iran in the Persian Gulf, right, and the late Revolutionary Guard's navy chief Alireza Tangsiri, who was killed in the U.S.-Israeli strike in late March 2026, commanding the closure of the Strait of Hormuz, on a building at a square in downtown Tehran, Iran, Monday, April 20, 2026. (AP Photo/Vahid Salemi)

A man mourns over the coffin of a Hezbollah fighter who was killed in the war between Hezbollah and Israel during a mass funeral in Bazouriyeh village, south Lebanon, Monday, April 20, 2026. (AP Photo/Mohammed Zaatari)

A man mourns over the coffin of a Hezbollah fighter who was killed in the war between Hezbollah and Israel during a mass funeral in Bazouriyeh village, south Lebanon, Monday, April 20, 2026. (AP Photo/Mohammed Zaatari)

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