Soluna and Bitdeer Expand Texas Data Center Capacity to 35 MW

Soluna Holdings, Inc. (NASDAQ: SLNH) and Bitdeer Technologies Group (NASDAQ: BTDR) have expanded their partnership to increase capacity at Project Kati 1, a joint data center project.

The agreement amendment involves Soluna's partner Dory Creek, LLC, a wholly owned subsidiary of Bitdeer. The update provides for the deployment of approximately 35 MW of power at the site.

Soluna specializes in developing data centers for intensive computing applications like artificial intelligence and Bitcoin mining. The company focuses on integrating these facilities with renewable energy sources to manage power loads.