Home Finance Soluna Holdings’ Dorothy 1A Challenge Reaches 25MW Capability With New Strategic Internet hosting Settlement

Soluna Holdings’ Dorothy 1A Challenge Reaches 25MW Capability With New Strategic Internet hosting Settlement

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Soluna Holdings’ Dorothy 1A Challenge Reaches 25MW Capability With New Strategic Internet hosting Settlement

Soluna Holdings, Inc. (SLNH), the dad or mum firm of Soluna Computing, Inc. (“SCI”), a developer of inexperienced information facilities for bitcoin mining and different compute-intensive, right now introduced a 20 MW internet hosting settlement at firm headquarters. Dorothy Challenge Knowledge Heart 1A in Texas. This now fills the Dorothy 1A mission with 25 MW of internet hosting contracts.

John Belizaire, CEO of Soluna Holdings, stated, “With the addition of our new strategic internet hosting buyer, we’ve got efficiently accomplished the Dorothy 1A mission to its 25 MW capability with long-term companions. As we ramp up our operations within the coming weeks, we are going to show at scale the capabilities of our co-located information facilities with a wind farm to sustainably advance the business.

The 20 MW internet hosting settlement is a two-year settlement on Soluna’s Dorothy mission, which is co-located with a renewable vitality energy plant.

Secure Harbor Assertion

This announcement comprises forward-looking statements. These statements are made pursuant to the “protected harbor” provisions of the USA Personal Securities Litigation Reform Act of 1995. These forward-looking statements could also be recognized by phrases corresponding to “will”, “anticipate”, “anticipate” , “future”, “intends”, “plans”, “believes”, “estimates”, “confidently”, and comparable statements. Soluna Holdings, Inc. may make written or oral forward-looking statements in its periodic reviews to the USA Securities and Alternate Fee, in its annual report back to shareholders, in press releases and different written supplies, and in oral statements. made by its officers, administrators or workers to 3rd events. Statements that aren’t historic details, together with however not restricted to statements about Soluna’s beliefs and expectations, are forward-looking statements. Ahead-looking statements contain inherent dangers and uncertainties, additional particulars of that are included within the firm’s filings with the Securities and Alternate Fee. All data supplied on this press launch is as of the date of the press launch, and Soluna Holdings, Inc. undertakes no obligation to replace such data besides as required by relevant regulation.

About Soluna Holdings, Inc. (SLNH)

Soluna Holdings, Inc. is the main developer of inexperienced information facilities that convert extra renewable vitality into international computing sources. Soluna builds modular and scalable information facilities for compute-intensive and batchable purposes corresponding to Bitcoin mining, AI and machine studying. Soluna provides a value efficient various to battery storage or transmission strains. Soluna makes use of expertise and intentional design to unravel complicated, real-world challenges. As much as 30% of the ability from renewable vitality tasks will be wasted. Soluna’s information facilities permit house owners of fresh electrical energy belongings to “promote”. Every. Megawatt.’

Sam Sova

Founder and CEO

SOVA

sam@teamsova.biz

Supply: Soluna Holdings, Inc.

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