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Soluna Expands Partnership with Blockware by Over 50% at Project Dorothy 2

1. Soluna expanded hosting capacity by 3 MW with Blockware. 2. The agreement strengthens Soluna's position in crypto mining sector.

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FAQ

Why Bullish?

Increasing hosting capacity reflects strong demand and could drive revenue growth, similar to prior expansions that positively impacted stock performance.

How important is it?

This agreement is significant for revenue growth, aligning with market trends for green energy in crypto mining.

Why Short Term?

The expansion can lead to immediate revenue boosts from increased hosting utilization, impacting Q3 earnings.

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BTCHIVEMARATHONRIOT
ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, today announced that it has signed a hosting expansion agreement with Blockware, one of North America's leading crypto mining infrastructure and services providers. Following their initial 5 megawatt (MW) deployment in April, Blockware is adding 3 MW of hosting capacity at Soluna's Project Dorot.

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