Soluna Announces Monthly Business Update

ALBANY, N.Y.--(BUSINESS WIRE)--Jun 9, 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 May 2026 project site-level operations, developments, and updates.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260609770692/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 (350+ MW, Under Development, AI/HPC Hosting):

Project Dorothy 3 (300+ MW, Under Development, AI/HPC Hosting):

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

Pipeline Highlights:

Customer Success:

Briscoe Wind Farm (150 MW, Co-located to Project Dorothy):

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 the development, construction, commissioning, and operation of our project pipeline, including Project Kati 1, Project Kati 2, Project Grace, Project Dorothy 1B, Project Dorothy 3, Project Annie, Project Ellen, Project Hedy, and Project Rosa , 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 30, 2026. 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.

Routine Gearbox Repair at Briscoe Wind Farm

Soluna's Pipeline of Data Center Projects in Development, Construction, and Operation

WASHINGTON (AP) — President Donald Trump's name remained on the facade of the Kennedy Center early Saturday despite a court-ordered Friday deadline to remove references to Trump from the building and other aspects of the iconic performing arts venue’s operations.

Scaffolding was erected Friday around a section of the building that includes Trump’s name, but shortly after midnight, the Kennedy Center asked a judge to extend the deadline until noon Eastern Time on Saturday because of thunderstorms that had swept through the Washington area, causing a delay.

In the filing, the Kennedy Center offered assurance that the “removal work is presently ongoing” and would “conclude in the early hours of the morning.”

A few hours later, workers begin covering the scaffolding with tarps.

Dozens of people spent hours Friday on the plaza in front of the Kennedy Center taking pictures and cheering occasionally as they broke into chants of “take it down.” Rep. Joyce Beatty, D-Ohio, an ex-officio board member who sued to have Trump's name removed from the building, was spotted at one point on the plaza.

Earlier Friday afternoon, a judge rejected a request to pause the court-ordered deadline. The institution appealed that ruling, an effort that was also rebuffed Friday evening.

After ignoring the Kennedy Center for much of his first term, Trump has wielded tremendous influence over the venue during his return to office. Just a month into his second term, he ousted the center’s previous leadership and replaced it with a board of trustees that named him chairman. Trump's name was quickly added to the building.

In his ruling that only Congress could make changes to the Kennedy Center's name, U.S. District Judge Christopher Cooper also blocked the administration from closing the cultural and arts venue for major renovations that had been planned to start in July and last for two years.

The Kennedy Center's leadership argued in its appeal Friday that the renovation was badly needed and accused the lower court, in terms that seemed similar to Trump's speech patterns, of interfering in the effort.

“The District Court is not allowing us to close in order to properly fix up and repair the Building, including potentially life threatening structural damage like beams and parking garage ceilings that are rusted, and in serious danger of falling onto people below,” according to the appeal. “Indeed, total collapse!”

Even as the Kennedy Center has fought efforts to remove Trump's name from the building, it has taken steps to comply with Cooper's initial ruling.

A June 4 memo to staff from the Kennedy Center’s Office of General Counsel said email signatures, letterhead and other documents must reflect the name as “The John F. Kennedy Center for the Performing Arts” or “Kennedy Center.”

The Kennedy Center’s website has dropped Trump's name. And an earlier email sent to members offering ticket packages for the June 28 Mark Twain Award for American Humor ceremony came from the Kennedy Center without including Trump’s name.

Associated Press journalists Anna Johnson, Mark Sherman and Emily Wang in Washington and Bill Barrow in Atlanta contributed to this report.

Workers wait for the rain to stop before resuming work to remove President Donald Trump's name from the John F. Kennedy Center for the Performing Arts in Washington, Friday, June 12, 2026. (AP Photo/Cliff Owen)

Workers erect scaffolding in front of the John F. Kennedy Center for the Performing Arts sign in Washington, Friday, June 12, 2026. (AP Photo/Cliff Owen)

A double rainbow is seen from the John F. Kennedy Center for the Performing Arts in Washington, Friday, June 12, 2026. (AP Photo/Rahmat Gul)

Workers construct scaffolding below the sign for the John F. Kennedy Center for the Performing Arts, Friday, June 12, 2026, in Washington. (AP Photo/Rahmat Gul)

Protestors wave a U.S. and signs as workers prepare to remove President Donald Trump's name from the John F. Kennedy Center for the Performing Arts in Washington, Saturday, June 13, 2026. (AP Photo/Cliff Owen)