Seeking Alpha
2023-04-06 12:29:27

Soluna signs 25MW bitcoin hosting contract

Soluna ( NASDAQ: SLNH ) has reached a 25MW hosting contract with a bitcoin miner at its Project Sophie in Kentucky. The contract will shift business model at Soluna's ( SLNH ) modular data centers at Project Sophie from proprietary mining to hosting bitcoin miners for the customer. Soluna is preparing the site to begin phasing in the customer's hardware over the next several weeks, with plans to sell existing machine at the site and redeploy capital.

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