ALBANY, N.Y.--(BUSINESS WIRE)--Jul 22, 2025-- Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, today announced it has closed its latest round of financing from Spring Lane Capital (“SLC”) for a 35 megawatt (MW) expansion of Project Kati in Texas with Project Kati 1. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250722747358/en/ Soluna Closes $20M Funding from Spring Lane Capital to Begin Construction on Project Kati 1 With these funds, Soluna will commence Project Kati 1 construction in Q3 2025, with the goal of achieving initial energization and ramp-up by Q1 2026.