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Soluna Expands Partnership with Galaxy Digital to Deploy 48 MW at Project Kati

1. SLNH expands partnership with Galaxy Digital for enhanced bitcoin mining operations. 2. New agreement boosts SLNH's position in green data and AI sectors.

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FAQ

Why Bullish?

This partnership indicates increased operational capacity and revenue potential. Previous collaborations have led to positive market movements for SLNH, reflecting investor confidence.

How important is it?

The expanded partnership directly aligns with SLNH's core business, indicating strong market relevance.

Why Short Term?

The immediate deployment by Galaxy signifies potential revenue gains for SLNH shortly after announcement, reflecting past instances where partnerships led to quick investor interest.

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GLXY
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, announced today an expanded partnership with Galaxy Digital Inc. (“Galaxy”) (NASDAQ/TSX: GLXY), a global leader in digital assets and datacenter infrastructure. Under the new agreement, Galaxy will deploy proprietary bitcoin mining operations – previously housed at their Helios datacenter campus.

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