Soluna Holdings (SLNH) announced a twelve-month 5.5 MW hosting contract with Bit Digital (BTBT) at Soluna’s Project Dorothy in Texas, marking the latest expansion in their growing partnership. Soluna and Bit Digital’s partnership has expanded steadily, starting with a 4.4 MW deployment at Project Sophie in November 2023, growing to 6.6 MW by October 2024, and extending to Project Dorothy with a 5.5 MW contract in December 2024. Now, the partnership has reached a new milestone with over 12 MW under management, enhancing Bit Digital’s efficiency, scale, and mining performance. This latest expansion introduces the first batch of next-generation S21 units, deployed alongside recent upgrades to the site’s electrical infrastructure.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLNH:
- Soluna Holdings exits Electric Reliability Council of Texas planning phase
- Soluna Holdings Announces S-1 Registration Effectiveness
- Soluna Holdings Discusses Strategy and Projects in AMA
- Soluna Holdings Advances with Key Projects and AI Deals
- Soluna signs deal with Atlas Cloud to deliver sustainable AI video processing
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue