other_material
confidence high
sentiment positive
materiality 0.60
KULR partners with Soluna for 3.3 MW Bitcoin mining hosting at Kentucky facility
KULR Technology Group, Inc.
- Soluna to operate 3.3 MW of Bitcoin mining capacity for KULR at Project Sophie in Kentucky.
- Deployment expected to commence in Q4 2025 with guaranteed daily/monthly hashrate and uptime targets.
- Partnership supports KULR's Bitcoin Treasury Accumulation Strategy (up to 90% of surplus cash to Bitcoin).
- First time Soluna partners with a Bitcoin treasury company; uses renewable-powered hosting model.
- KULR CEO cites potential future expansion into BBU solutions and AI data center hosting.
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