Soluna Holdings, Inc. is an enterprise based in Albany, New York, that specializes in developing and constructing modular data centers specifically tailored for cryptocurrency mining. Additionally, the company maintains an active presence within the broader blockchain technology sector.
Soluna Reports Q2'26 Results; Revenue Grows 145% Year-Over-Year
Soluna reported Q2 2026 revenue of $15.1 million, up 145% year-over-year and 60% sequentially, driven by contributions from Dorothy 2 and the Kati 1 ramp.
The company achieved a major operational milestone with Kati 1 delivering its first positive gross profit, while vertical integration of Project Dorothy 1 was completed through recent acquisitions of Briscoe Wind Farm and minority interests.
The development pipeline expanded to 6.3 GW, highlighted by a new joint venture with Metrobloks for the Kati 2 AI project and the addition of 583 MW of AI-focused capacity across three new sites.