Core Insights - Soluna Holdings has begun energizing Project Kati 1 following approval from ERCOT, marking a significant step in the company's expansion strategy [1][5] - The project will increase Soluna's total compute capacity to over 200 MW and is expected to generate annual revenues between $17.3 million and $19.6 million [1][2] Project Details - Project Kati 1 consists of an 83 MW data center expansion in South Texas, which represents a 67% increase in the company's operational footprint [2][5] - The project is divided into two phases: Phase 1A includes 48 MW across three sub-phases, targeting full ramp-up by early Q2, while Phase 1B adds 35 MW, expected to be completed by the end of Q3 [3][4] Strategic Approach - The second phase of the project includes a partnership with Cormint for 12 MW of capacity, utilizing a modular approach to reduce labor needs and expedite timelines [4] - The facility will contribute 3.5 EH/s to Soluna's hashrate capacity, supporting intensive workloads such as bitcoin mining and AI/HPC applications [4]