Soluna Holdings Secures $20M from Spring Lane Capital and Expands Partnerships at Project Dorothy 2

Reuters

07-10

Soluna Holdings Secures $20M from Spring Lane Capital and Expands Partnerships at Project Dorothy 2

Soluna Holdings Inc., a developer of green data centers, has announced a significant new contract and order expansion at its Project Dorothy 2 site. The company has secured $20 million from Spring Lane Capital to initiate Project Kati 1, scheduled to begin construction in Q3 2025, with Spring Lane supporting up to $100 million across Soluna's pipeline. Additionally, Soluna has completed a contract renewal and expansion with Compass Mining, resulting in a total deployment of approximately 13 megawatts of computing capacity across Project Dorothy 1 and 2. Furthermore, Blockware has expanded its presence at Project Dorothy 2 by adding 3 megawatts of hosting capacity, bringing its total to 8 megawatts at the Texas data center. These expansions highlight Soluna's strategic growth and commitment to sustainable computing solutions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Soluna Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250710767534) on July 10, 2025, and is solely responsible for the information contained therein.

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The company has secured $20 million from Spring Lane Capital to initiate Project Kati 1, scheduled to begin construction in Q3 2025, with Spring Lane supporting up to $100 million across Soluna's pipeline. Additionally, Soluna has completed a contract renewal and expansion with Compass Mining, resulting in a total deployment of approximately 13 megawatts of computing capacity across Project Dorothy 1 and 2. Furthermore, Blockware has expanded its presence at Project Dorothy 2 by adding 3 megawatts of hosting capacity, bringing its total to 8 megawatts at the <a href=\"https://laohu8.com/S/TCBIL\">Texas</a> data center. These expansions highlight Soluna's strategic growth and commitment to sustainable computing solutions.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Soluna Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250710767534) on July 10, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250710:nNDL2Z6nR6:1","article_id":"2550421336","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2550421336","pubTimestamp":1752147031,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Soluna Holdings Inc., a developer of green data centers, has announced a significant new contract and order expansion at its Project Dorothy 2 site. 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