Soluna Holdings (SLNH) is deepening its relationship with Galaxy Digital (GLXY) through a new agreement to relocate 48 MW of Galaxy’s Bitcoin mining operations to Soluna’s Project Kati 1 in Texas. The move will expand the site to its full 83 MW capacity and marks Soluna’s largest single-partner deployment to date.
Project Kati 1 has secured tax abatement approvals and is set to begin construction before the end of August, with operations expected to start in Q1 2026. Galaxy’s hardware, previously housed at its Helios facility in the Texas panhandle, will be hosted in Soluna’s renewable-powered data center infrastructure.
This deployment follows Soluna’s earlier $5 million loan facility with Galaxy and builds on recent momentum from a separate 30 MW rollout with another top-tier miner. Once fully deployed, Soluna’s operating capacity is expected to reach 206 MW.
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