Soluna Holdings announces expanded partnership with Galaxy Digital

Soluna Holdings (SLNH) announced an expanded partnership with Galaxy Digital (GLXY). Under the new agreement, Galaxy will deploy proprietary bitcoin mining operations – previously housed at their Helios datacenter campus in the Texas panhandle – at a 48 MW expansion of Soluna’s Project Kati 1 in Texas. The expansion brings Project Kati 1 to its full capacity of 83 MW and, having cleared tax abatement approvals, construction is expected to launch before the end of August.