Soluna Announces Monthly Business Update
Soluna regained compliance with Nasdaq listing requirements, removing the immediate threat of delisting that had weighed on the stock. The company signed a definitive joint venture agreement with Metrobloks for Project Kati 2, a 350+ MW AI/HPC hosting facility, replacing a previously announced non-binding MOU. Formal commercial negotiations with at least one potential tenant have begun.
Key figures
- Q1 revenue yoy
- 58%
- Dorothy 3 acres
- 300
- Pipeline total gw
- 4.3
- Kati 2 capacity mw
- 350+
- Dorothy 3 capacity mw
- 300+
- Hash rate capacity mw
- 147
- Briscoe wind capacity mw
- 150
- Bitcoin hosting revenue yoy
- 178%
AI analysis
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