Soluna Expands Blockware Partnership at Texas Renewable Data Center

Soluna Holdings ( (SLNH) ) has provided an announcement.

On February 17, 2026, Soluna Holdings announced it is expanding its partnership with Blockware by adding six megawatts of capacity at its Dorothy 1 renewable-powered data center in west Texas, with deployment that began in January and is slated to conclude by the end of February. The move represents the third expansion between the companies, underscoring Blockware’s continued growth and Soluna’s ability to scale capital-efficient, behind-the-meter digital infrastructure that converts surplus renewable energy into productive computing while reinforcing its 1 GW-plus pipeline of grid-stabilizing data centers.

Executives from both firms framed the additional capacity as evidence of Soluna’s operational reliability, rapid deployment capabilities, and focus on uptime, which are increasingly critical as Blockware scales its mining operations. By layering new capacity onto an existing site rather than building anew, Soluna aims to support customer growth more efficiently, strengthen long-term client alignment, and enhance its positioning in the market for renewable-first, high-performance computing infrastructure tied to Bitcoin mining and AI workloads.

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., listed on Nasdaq as SLNH, develops green data centers that transform surplus renewable energy from wind, solar, and hydro plants into high-performance computing capacity. Its facilities support intensive workloads such as Bitcoin mining, generative AI, and other compute-heavy applications, leveraging its MaestroOS software to optimize grid use and deliver cost-efficient, sustainable computing solutions.

Blockware Solutions, LLC, founded in 2017 and based in Houston, Texas, operates in blockchain infrastructure and cryptocurrency mining services, offering mining hardware sales, secure data center hosting, and investment advisory services. The company runs large-scale mining farms and aims to support the decentralization of the Bitcoin network while helping individuals and institutions grow their digital asset operations.

Average Trading Volume: 5,643,200

Technical Sentiment Signal: Strong Sell

Current Market Cap: $86.89M

For a thorough assessment of SLNH stock, go to TipRanks’ Stock Analysis page.