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8-K2026-04-28· glm-5

SLNH · Soluna Holdings, Inc.

0001493152-26-019241

SEC filing

Summary

Soluna Holdings announced a partnership with Sazmining for an initial 3 MW Bitcoin mining deployment at Project Dorothy 1B, with potential to scale based on customer demand.

Key takeaways

Full analysis

Soluna Holdings entered a partnership with Sazmining, a Bitcoin Mining as a Service (BMaaS) provider, to host an initial 3 MW mining operation at Project Dorothy 1B in West Texas. This deployment represents Sazmining's second U.S. operation and utilizes Soluna's infrastructure powered by the 150 MW Briscoe Wind Farm, which Soluna recently acquired to vertically integrate power generation and computing. The partnership is designed with scalability in mind, contingent on customer demand and capacity availability. Additionally, Soluna is advancing development on a planned third phase at the Dorothy campus, expected to deliver up to 300 MW of compute capacity specifically for AI workloads, highlighting the company's strategy to diversify beyond Bitcoin mining into broader high-performance computing applications.