Soluna Holdings (SLNH, Financial), a green data center manufacturer, has announced a partnership with a leading Bitcoin miner to expand its Texas facility. This collaboration has resulted in the full operational capacity of Soluna's facilities.
The company revealed that its flagship project, Dorothy 2, has completed its market promotion and contracts through this deal. The site has been expanded by 30 megawatts during the third phase of expansion with the unnamed client.
Soluna's CEO, John Belizaire, highlighted this development as a significant milestone, achieving 100% capacity for all their operational facilities. Following the announcement, Soluna's stock rose by 4.6%. However, the company's stock has seen a decline of nearly 70% this year.
