Soluna Holdings announces 33 MW hosting agreement with KULR Technology Group for Project Sophie
Reuters
Oct 09
Soluna Holdings announces 33 MW hosting agreement with KULR Technology Group for Project Sophie
Soluna Holdings Inc. announced a new hosting partnership with KULR Technology Group Inc. Under the agreement, Soluna will operate approximately 3.3 MW of Bitcoin mining capacity for KULR at its Project Sophie facility in Kentucky. This marks Soluna's first partnership with a Bitcoin treasury-focused company, expanding its customer base beyond traditional Bitcoin miners and hyperscalers. The partnership supports KULR's strategy to allocate up to 90% of its surplus cash reserves to Bitcoin and allows KULR to participate in Bitcoin mining through Soluna's renewable-powered infrastructure.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Soluna Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251009006207) on October 09, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.