Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from Soluna Holdings ( (SLNH) ).
On February 10, 2026, Soluna announced that it received ERCOT approval and began the initial energization and phased commissioning of Project Kati 1, its 83 MW wind-powered data center campus in Willacy County, South Texas, dedicated to Bitcoin mining. The project, initially energized on February 9, 2026, is expected to lift Soluna’s total compute capacity by more than 67% to over 200 MW, with Kati 1A’s 48 MW slated to be fully ramped by early Q2 and Kati 1B’s 35 MW, including a 12 MW modular deployment with Cormint, targeted for completion by the end of Q3 and full project completion in Q4, supporting projected hashrate capacity of 3.5 EH/s and anticipated annual revenue of roughly $17.3–$19.6 million.
The milestone positions Project Kati as one of Soluna’s largest sites to date and underscores its strategy of scaling renewable-powered infrastructure for industrial compute workloads. By leveraging wind power from the Las Majadas project and modular data center units to accelerate deployment, Soluna strengthens its renewable computing blueprint and expands the customer base for its Bitcoin hosting platform, with potential implications for revenue growth and its competitive standing in sustainable, high-performance computing.
The most recent analyst rating on (SLNH) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Soluna Holdings stock, see the SLNH Stock Forecast page.
Spark’s Take on SLNH Stock
According to Spark, TipRanks’ AI Analyst, SLNH is a Neutral.
The score is held down mainly by weak financial quality (profitability and negative operating cash flow) and bearish technicals with the stock trading well below key moving averages. Positive strategic and financing-related corporate developments provide some offset, but valuation support is limited given negative earnings and no dividend.
To see Spark’s full report on SLNH stock, click here.
More about Soluna Holdings
Soluna Holdings, Inc. is a Nasdaq-listed developer and operator of green data centers that transform surplus renewable energy into computing resources. The company co-locates its digital infrastructure with wind, solar, or hydroelectric plants to support high-performance computing workloads, including Bitcoin mining and generative AI, using proprietary software to optimize grid integration and costs.
Average Trading Volume: 5,707,564
Technical Sentiment Signal: Strong Sell
Current Market Cap: $100.5M
Find detailed analytics on SLNH stock on TipRanks’ Stock Analysis page.