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Soluna Forms JV with Metrobloks for 350+ MW Kati 2 Data Center
stockwatch14d ago

Soluna Forms JV with Metrobloks for 350+ MW Kati 2 Data Center

Soluna Holdings, Inc. announced a definitive joint venture agreement with DC Kati Venture LLC (Metrobloks Member) to develop and operate the multi-phase 350+ MW Project Kati 2 data center in Willacy County, Texas. Soluna contributed $3.5 million in operating expenses and committed an additional $19.0 million for Phase II property acquisition, holding 100% of Class A Interests and serving as manager. The company also reported strong Q1 2026 results with revenue up 58% year-over-year and Bitcoin hosting revenue up 178%, alongside achieving a record hash rate and 147 MW under management. Additionally, Soluna acquired full ownership of Project Dorothy 1B, signed a definitive purchase agreement for Project Dorothy 3, and provided updates on other projects like Kati 1 and Annie.

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BitFuFu May Bitcoin Production +22.1% to 177 BTC; Self-Mining Triples
stockwatch14d ago

BitFuFu May Bitcoin Production +22.1% to 177 BTC; Self-Mining Triples

BitFuFu Inc. announced its unaudited Bitcoin production and operational metrics for May 2026, reporting a 22.1% month-over-month increase in total Bitcoin production to 177 BTC. A significant strategic shift saw self-mining output nearly triple to 90 BTC, now accounting for over half of total production, reflecting a deliberate capital allocation decision to accumulate Bitcoin. The company's Bitcoin holdings grew to 1,855 BTC, and the increase in production was primarily due to easing power curtailment in Ethiopia.

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