Soluna Holdings, a developer of green data centers, announced an expanded partnership with Galaxy Digital for the deployment of Galaxy’s proprietary Bitcoin mining operations at a 48 MW expansion of Soluna’s Project Kati 1 in Texas.
The new agreement will see Galaxy Digital relocate Bitcoin mining operations previously housed at its Helios datacenter campus in the Texas panhandle to Project Kati 1. This expansion will bring Project Kati 1 to its full capacity of 83 MW. Construction is anticipated to commence before the end of August, following tax abatement approvals, with operations expected to begin in Q1 2026. This collaboration follows a $5 million loan facility Soluna previously entered into with Galaxy in Q1 2025, now extending into an operational partnership.
John Belizaire, CEO of Soluna, stated that the partnership with Galaxy represents the company’s largest megawatt deployment to date, emphasizing Soluna’s modular approach to delivering efficient, renewable-powered infrastructure. He noted that Soluna is scaling to meet the surging demand from “hyperscaler miners.” Galaxy will be the initial customer to commence mining operations at Project Kati 1 upon construction completion, marking Soluna’s largest deployment with a single partner, subsequent to a recent 30 MW rollout with another top-tier Bitcoin miner.
Sam Kiernan, Business Development Lead at Galaxy, explained that the relocation of a portion of their existing Bitcoin mining assets to Soluna is part of Galaxy’s transition of its Helios campus to an AI and high-performance computing data center.
Upon full deployment of this expansion, Soluna’s operating capacity is projected to reach 206 MW. Soluna specializes in designing, developing, and operating digital infrastructure that converts surplus renewable energy into global computing resources, strategically co-locating data centers with wind, solar, or hydroelectric power plants.
