Soluna Holdings's 15-minute chart has triggered both the MACD Death Cross and KDJ Death Cross at 10:45 AM on October 14, 2025. This suggests that the stock price has the potential to continue declining, with a momentum shift towards the downside, potentially leading to further decreases in value.
On October 9, 2025, KULR Technology Group, Inc. (NYSE American: KULR) announced a strategic partnership with Soluna Holdings, Inc. (NASDAQ: SLNH) to host approximately 3.3 megawatts of Bitcoin mining capacity at Soluna's Project Sophie facility in Kentucky, according to BTCTimes (
). This collaboration marks Soluna's first deal with a Bitcoin treasury-focused company, reflecting a growing demand for sustainable, high-performance computing infrastructure, according to a TradingView update (
).
Under the agreement, Soluna will operate and manage KULR's mining infrastructure under a "Bitcoin Mining Lease" structure, ensuring guaranteed hashrate and uptime performance, according to MarketScreener (
). The partnership aligns with KULR's Bitcoin Treasury Accumulation Strategy, which includes allocating up to 90% of its excess cash reserves to Bitcoin, the BTCTimes piece notes.
Soluna, known for its renewable-powered data centers, has recently secured a $100 million credit facility from Generate Capital to fund project expansions, the TradingView update also reports. This financial backing positions Soluna to continue its growth trajectory and adapt its renewable hosting model to meet the developing demand profiles of Bitcoin mining and adjacent industries, the same TradingView update adds.
The partnership between KULR and Soluna is significant as it reflects a shift in the market towards sustainable and high-performance computing solutions for digital asset strategies. This collaboration supports KULR's commitment to strategic innovation in digital asset management and positions Soluna as a key partner for future sustainable data center initiatives.
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