Soluna Holdings and Canaan Announce Strategic Hosting Agreement for 20 MW of Bitcoin Miners at Project Dorothy

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Soluna Holdings, Inc. , a developer of green data centers for high-performance computing applications including Bitcoin mining and AI, and Canaan Inc., a global innovator in crypto mining solutions, today announced a strategic hosting agreement to deploy 20 megawatts (MW) of Avalon® A15 XP Bitcoin miners at Soluna’s Project Dorothy in Briscoe County, Texas.

This collaboration marks an important milestone for both companies. Soluna continues to expand its portfolio of renewable-powered digital infrastructure, while Canaan enhances its North American mining presence with increased access to reliable, low-cost, and sustainable energy resources.

Deployment of the miners is expected to begin in the first quarter of 2026. Through this partnership, Canaan will leverage Soluna’s modular, cost-efficient infrastructure to power its Avalon® fleet with renewable wind energy, further advancing the sustainability and efficiency of its mining operations.

“Soluna is thrilled to develop this new partnership with an industry leader like Canaan,” said John Belizaire, CEO of Soluna. “This agreement reflects our shared commitment to delivering high-performance computing solutions powered by renewable energy. With Project Dorothy 2 now online and operational, we’re doubling down on our mission to make renewable energy a global superpower.”

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