Soluna Fills Rack Capacity at Dorothy 2 with 30 MW Expansion with Top-Tier Bitcoin Miner | SLNH Stock News

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Jul 08, 2025
  • Soluna Holdings, Inc. (SLNH, Financial) announced a 30 MW expansion at Project Dorothy 2 with a top-tier Bitcoin miner.
  • The expansion brings Project Dorothy 2 to full capacity, leveraging renewable energy for sustainable blockchain infrastructure.
  • The collaboration adds 1,462.03 PH/s of hashrate, emphasizing the demand for renewable-powered computing solutions.

Soluna Holdings, Inc. (NASDAQ: SLNH), a leader in developing green data centers, has expanded its flagship Texas-based Project Dorothy 2 by an additional 30 megawatts (MW). This expansion is in partnership with a leading Bitcoin miner, marking the third such collaboration with this customer, who initiated their partnership with Soluna at Project Sophie in 2023.

The latest development fully markets and contracts Project Dorothy 2, showcasing a significant leap in Soluna’s growth strategy. CEO John Belizaire noted that this milestone underscores the increased demand for efficient and renewable-powered infrastructure amidst the post-halving landscape. Soluna's expansion will further harness renewable energy, contributing an extra 1,462.03 PH/s of hash rate, reinforcing both companies' dedication to sustainable blockchain solutions in the U.S.

Project Dorothy 2, a 48 MW data center co-located with a 150 MW wind farm, has been developed to optimize Bitcoin mining efficiency. The first phase went live in Q2 2025, with full capacity expected by Q4 2025. Soluna will start integrating the customer's hardware in the upcoming weeks, aligning with its mission to turn surplus renewable energy into global computing resources.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.