Soluna Partners with KULR on 3.3MW Bitcoin Mining Initiative
Soluna has secured a 3.3MW Bitcoin mining hosting agreement with treasury firm KULR Technology at its Project Sophie facility in Kentucky. The deal represents a new direction for treasury companies allocating significant resources to digital assets. Full operations are expected by late 2025.
Treasury Firm Expands Bitcoin Strategy
In a move that signals evolving corporate treasury strategies, data center developer Soluna has reportedly inked a 3.3MW Bitcoin mining partnership with KULR Technology Group. According to industry sources, the agreement will see KULR—a company that recently committed 90% of its cash reserves to Bitcoin—deploy mining hardware at Soluna’s Project Sophie facility in Kentucky.