On October 10, 2025, KULR Technology Group, Inc. and Soluna Holdings, Inc. announced a new hosting partnership that will see Soluna operate approximately 3.3 megawatts of Bitcoin mining capacity for KULR at its Project Sophie facility in Kentucky.
The partnership marks Soluna’s first collaboration with a Bitcoin treasury‑focused company and expands KULR’s mining operations into a renewable‑powered data center. Soluna will provide guaranteed hashrate and uptime targets, while KULR will purchase, service, and manage all hardware activities over the life of the contract.
The deal supports KULR’s Bitcoin Treasury Accumulation Strategy, which commits up to 90% of surplus cash to Bitcoin. By leveraging Soluna’s renewable‑powered hosting model, KULR can grow its mining capacity without the operational complexity of building and maintaining its own facilities.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.