Story perspectives
Crypto Firms Embrace Renewable Energy with New Ventures
10/11/2025
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Story summary
- KULR Technology Group and Soluna Holdings will operate 3.3 MW of Bitcoin mining capacity at Soluna's Project Sophie in Kentucky, marking a shift toward renewable energy in the crypto sector.
- IREN Limited has expanded its AI Cloud capacity to 23,000 GPUs and targets over $500 million in annual revenue by Q1 2026.
- Both companies emphasize the importance of renewable energy in their operations.
