Soluna and Bitdeer Expand Agreement to 35 MW at Project Kati 1
Soluna Holdings, Inc (SLNH) filed an SEC Form 8-K — Regulation FD Disclosure. Exhibit 99.1 CONFIDENTIAL DRAFT Soluna and Bitdeer Expand Agreement to 35 MW at Project Kati 1 Amendment adds approximately 7 MW and brings the deployment to approximately 2.42 EH/s, fully subscribing the site’s K1BC phase ALBANY, NY, September 28, 2026 - Soluna Holdings, Inc. (“
How this was made
The 30-second read
Why it matters
The amendment increases Soluna's deployed hash rate, potentially improving its financial outlook and signaling confidence from Bitdeer.
Market read
Primary corporate disclosure of a capacity expansion that may modestly affect both companies' stock valuations.
What to watch
Potential delays in equipment delivery or wind‑power availability could limit the projected hash‑rate.
Background
Soluna develops renewable‑energy‑powered data centers for AI and Bitcoin mining. The 8‑K filing details its first co‑mining expansion with Bitdeer.
Ticker impact
Soluna announced a 7 MW expansion of its Bitcoin mining deployment at Project Kati 1, raising total capacity to 35 MW and 2.42 EH/s.
potential upside as the market prices in higher mining capacity and revenue growth
Expansion of a renewable‑powered mining site signals stronger cash flow, but the effect is gradual and tied to project completion in November 2026.
Bitdeer Technologies Group entered a co‑mining amendment with Soluna, deploying the additional 7 MW of equipment.
likely modest support as investors view the partnership as a growth catalyst
The agreement adds capacity for Bitdeer, but the impact is indirect and contingent on project performance.
Market effects
strengthens the renewable‑energy‑backed crypto mining niche and may encourage similar co‑mining deals.
adds to Texas' emerging crypto mining ecosystem.
contributes modestly to global Bitcoin hash‑rate growth.
Counterpoint
The expansion may be over‑optimistic if electricity costs rise or regulatory changes affect mining operations.
Key entities
- CompanySoluna Holdings, Inc.
Renewable‑energy‑backed crypto mining and AI data center operator (NASDAQ: SLNH).
- CompanyBitdeer Technologies Group
Provider of AI and Bitcoin mining infrastructure (NASDAQ: BTDR).
