\nSoluna Holdings, Inc. (\u201cSoluna\u201d or the \u201cCompany\u201d), (NASDAQ: SLNH<\/a>), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, today announced the renewal and expansion of its long-standing partnership with Compass Mining.<\/p>\n
![\"Soluna](\"https:\/\/mms.businesswire.com\/media\/20250623443435\/en\/2503651\/4\/slnh_x_compass.jpg\")
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Soluna Expands Long-Term Partnership with Compass Mining<\/p>\n
\nThe expanded agreement includes a contract renewal at Soluna\u2019s Project Dorothy 1 site and a major expansion into its adjacent site, Project Dorothy 2, marking a total deployment of approximately 13 megawatts (MW) of computing capacity across the two locations.<\/p>\n
\nCompass Mining has been a valued partner since its first deployment at Project Dorothy 1 in 2023, later transitioning to Project Sophie. With today\u2019s announcement, Compass Mining will renew its existing buildings. It will also expand into Project Dorothy 2, Soluna\u2019s next-generation site, with an additional 8 MW, bringing its total footprint to approximately 13 MW across the Dorothy campus. With this expansion, Project Dorothy 2, Phase 1, is now full.<\/p>\n
\n\u201cCompass Mining was one of the first to bet on us. Years later, they\u2019re still betting on Soluna and scaling with us,\u201d said John Belizaire, CEO of Soluna. \u201cThis renewal and expansion is a testament to our Relentless Stewardship and the trust we build with every customer. We don\u2019t just host. We grow with you.\u201d<\/p>\n
\n\u201cSoluna has been a highly reliable partner since Project Dorothy 1, and we\u2019re excited to deepen that relationship,\u201d said Paul Gosker, CEO of Compass Mining. \u201cThis expansion, which lets us staff and operate the new capacity ourselves, aligns perfectly with our strategy to deliver a best-in-class experience for our customers.\u201d<\/p>\n
\nProject Dorothy, named after computing pioneer Dorothy Vaughan, is Soluna\u2019s flagship site, strategically located in West Texas to consume excess wind energy.<\/p>\n
\nFor more information, visit www.solunacomputing.com<\/a><\/p>\n \nSoluna\u2019s glossary of terms can be found here<\/a>.<\/p>\n \nSafe Harbor Statement<\/p>\n \nThis announcement contains forward-looking statements. These statements are made under the \u201csafe harbor\u201d provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cfuture,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201cconfident\u201d and similar statements. Other examples of forward-looking statements may include, but are not limited to, statements of Soluna\u2019s plans and objectives, including with respect to Project Dorothy and our expectations with respect to the amount of renewable energy capacity Project Dorothy will deliver. Soluna may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (\u201cSEC\u201d), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including but not limited to statements about Soluna\u2019s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, further information regarding which is included in the Company\u2019s filings with the SEC. All information provided in this press release is as of the date of the press release, and Soluna Holdings, Inc. undertakes no duty to update such information, except as required under applicable law.<\/p>\n \nAbout Soluna Holdings, Inc. (Nasdaq: SLNH<\/a>)<\/p>\n \nSoluna is on a mission to make renewable energy a global superpower, using computing as a catalyst. The company designs, develops, and operates digital infrastructure that transforms surplus renewable energy into global computing resources. Soluna\u2019s pioneering data centers are strategically co-located with wind, solar, or hydroelectric power plants to support high-performance computing applications, including Bitcoin Mining, Generative AI, and other compute-intensive applications. Soluna\u2019s proprietary software MaestroOS(\u2122) helps energize a greener grid while delivering cost-effective and sustainable computing solutions and superior returns. To learn more, visit solunacomputing.com<\/a> and follow us on:<\/p>\n \nLinkedIn: https:\/\/www.linkedin.com\/company\/solunaholdings\/ \nSoluna regularly posts important information on its website and encourages investors and potential investors to consult the Soluna investor relations and investor resources sections of its website regularly.<\/p>\n \nAbout Compass Mining<\/p>\n \nCompass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for Bitcoin-mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io<\/a>.<\/p>\n View source version on businesswire.com: https:\/\/www.businesswire.com\/news\/home\/20250623443435\/en\/<\/a><\/p>\n
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