- **KULR Technology Group** and **Soluna Holdings** have announced a hosting partnership for approximately **3.3 MW of Bitcoin mining capacity** at Soluna's **Project Sophie facility in Kentucky**.  **[1662684_d773db6d7bca49a3a6102cbb7d310652]** 
- Operations under the **Bitcoin Mining Lease** structure are expected to begin in the **fourth quarter of 2025**, supporting KULR's Bitcoin Treasury Accumulation Strategy.  **[1662684_d773db6d7bca49a3a6102cbb7d310652]** 
- The partnership is also positioned to expand into **Battery Backup Unit (BBU) solutions** and **AI data center hosting** powered by stranded renewable energy.  **[1662684_d773db6d7bca49a3a6102cbb7d310652]** 
- Despite this strategic partnership, **Soluna Holdings is currently facing significant financial difficulties**, including negative profitability and high financial risk.  **[1662684_d773db6d7bca49a3a6102cbb7d310652]**

KULR and Soluna Partner for Bitcoin Mining Project

- **KULR Technology Group (KULR)** announced a new hosting partnership with **Soluna Holdings, Inc. (Soluna)**.  **[1662684_0001104659-25-098100_tm2528372d1_ex99-1.htm:0]** 
- Under the agreement, Soluna will operate approximately **3.3 MW of Bitcoin mining capacity** for KULR at its **Project Sophie facility in Kentucky**.  **[1662684_0001104659-25-098100_tm2528372d1_ex99-1.htm:0]** **[1662684_0001104659-25-098100_tm2528372d1_8k.htm:1]** 
- The **3.3 MW deployment** is expected to commence operations in **Q4 2025**.  **[1662684_0001104659-25-098100_tm2528372d1_ex99-1.htm:0]** 
- This partnership supports KULR's Bitcoin Treasury Accumulation Strategy, which involves committing up to **90% of its surplus cash reserves to Bitcoin**.  **[1662684_0001104659-25-098100_tm2528372d1_ex99-1.htm:0]** **[1662684_0001104659-25-098100_tm2528372d1_ex99-1.htm:1]**

KULR Technology Group Announces Hosting Partnership with Soluna

- **KULR Technology Group** has entered into a **3.3 MW hosting partnership** with Soluna Holdings, where Soluna will operate Bitcoin mining capacity for KULR at its Project Sophie facility in Kentucky.  **[1662684_4623dfa545e247ccb93043c090a4bddc_0]** 
- This collaboration supports KULR's strategy as a **Bitcoin+ treasury company**, which includes committing **up to 90% of its surplus cash reserves to Bitcoin**.  **[1662684_4623dfa545e247ccb93043c090a4bddc_0]** **[1662684_4623dfa545e247ccb93043c090a4bddc_1]** **[1662684_4623dfa545e247ccb93043c090a4bddc_2]** 
- The **3.3 MW deployment** at Project Sophie is anticipated to **commence operations in Q4 2025**, with Soluna providing guaranteed hashrate and uptime targets for KULR's mining hardware.  **[1662684_4623dfa545e247ccb93043c090a4bddc_0]** 
- KULR's CEO also indicated plans to expand beyond Bitcoin mining into **Battery Backup Unit (BBU) solutions**, viewing Soluna as a potential partner for future sustainable AI data center hosting projects.  **[1662684_4623dfa545e247ccb93043c090a4bddc_0]**

KULR Technology Group Announces 3.3 MW Bitcoin Mining Partnership with Soluna

- KULR Technology Group, Inc. announced the **launch of its next-generation KULR-developed Battery Management System (kBMS)** on **October 2, 2025**, designed to set new industry benchmarks for reliability, safety, and energy efficiency.  **[1662684_0001104659-25-095884_tm2527802d1_ex99-1.htm:0]** **[1662684_0001104659-25-095884_tm2527802d1_8k.htm:1]** 
- The kBMS is offered in **two variants**: one for defense and terrestrial mission-critical applications, and another optimized for spacecraft power systems, with the space version providing flexible configurations for balancing budget, safety, and mission assurance.  **[1662684_0001104659-25-095884_tm2527802d1_ex99-1.htm:0]** 
- Key features include an **analog architecture with rad-tolerant chipset integration**, **robust firmware with dual-redundancy hardware**, **reduced power draw** through lower-impedance MOSFETs, and a **unique calibration capability** that lowers lifecycle costs and reduces downtime.  **[1662684_0001104659-25-095884_tm2527802d1_ex99-1.htm:0]** 
- This product launch expands KULR's offerings, positioning it as a **comprehensive battery safety and intelligence provider** with immediate availability for design-in and qualification programs.  **[1662684_0001104659-25-095884_tm2527802d1_ex99-1.htm:0]**