Soluna Holdings (NASDAQ: $SLNH) has signed a 28-megawatt co-mining settlement with Bitdeer Technologies Group (NASDAQ: $BTDR), including roughly 1.93 EH/s of Bitcoin (CRYPTO: $BTC) mining capability at its wind-powered Project Kati 1 website in South Texas.
Bitdeer will deploy SEALMINER A2 Pro Air machines starting in September 2026, with capability scheduled to come online in batches. Soluna will present the website, energy and turnkey operations, while Bitdeer will own the mining tools and both corporations will share proceeds generated by the deployment.
The settlement introduces a new construction for Soluna’s Bitcoin platform. Rather than amassing only internet hosting income, the company will take part immediately in mining economics alongside Bitdeer, giving it extra publicity to manufacturing from infrastructure it already operates.
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Project Kati 1 is an 83 MW information heart in Willacy County and delivered its first gross revenue during the second quarter. The Bitdeer deployment will be positioned in the K1BC section, extending exercise at what is now Soluna’s largest working website.
CEO John Belizaire said co-mining is “a natural extension of that operating history,” pointing to the company’s expertise operating renewable-powered computing infrastructure and the alternative to take part more immediately in what those property produce.
The settlement also expands Bitdeer’s footprint beyond its own mining websites. The company has been scaling both Bitcoin mining and AI infrastructure, with 73.0 EH/s of self-mining hashrate and 86.1 EH/s of complete hashrate under management reported for June.
Soluna at present operates 192 MW of information heart capability across Kentucky and Texas, with another 14 MW under construction at Kati 1. Its wider development pipeline now totals 6.3 GW across tasks in planning, development and evaluation.
The new deployment provides Bitdeer {hardware} to that growing footprint while giving Soluna another manner to monetize renewable-powered information heart capability.
Soluna Holdings (NASDAQ: SLNH) is at present trading at $1.27 U.S. per share.