Core Insights - Soluna Holdings, Inc. has completed Phase 3 of Project Dorothy 2 and is beginning development on Project Kati-2 for AI applications, while expanding its board with the appointment of Agnes Budzyn [1][7][17] Corporate Highlights - Soluna has announced a partnership with KULR Technology Group for a 3.3 MW hosting project at Project Sophie, enhancing its renewable-powered data center capabilities in Texas [7][18] - The company has been featured in various media outlets, highlighting its advancements in Renewable Computing [7] - A new podcast discusses how Soluna's recent $100 million credit facility will accelerate renewable-powered computing [7] Key Project Updates - Project Dorothy 1A and 1B are operational with 25 MW each for Bitcoin hosting and prop-mining, respectively [5] - Project Dorothy 2 is under construction with a capacity of 48 MW for Bitcoin hosting, with substantial completion of Phase 3 expected by mid-November [6][13] - Project Kati 1 is under construction with 83 MW for Bitcoin hosting, while Project Kati 2 is in development for AI and high-performance computing (HPC) with a similar capacity [9][10] - Project Grace, a 2 MW AI/HPC hosting project at Dorothy 2, is also under development [11] Operational Metrics - The deployment of new customers and upgraded units is ongoing, with a 3.3 MW customer deployment completed at the end of October and another expected in early November [8] - Coordination efforts are in place for a 20 MW deployment of next-generation miners in January [7] - Investment in fleet upgrades continues, with 900 new S19 XP miners expected to replace the current fleet at Project Dorothy 1B [7]

Core Insights - Soluna Holdings, Inc. has appointed Agnes Budzyn to its Board of Directors, bringing extensive expertise in finance, digital assets, and technology [1][2][5] Company Overview - Soluna is focused on developing green data centers for intensive computing applications, aiming to transform surplus renewable energy into global computing resources [8] - The company operates data centers co-located with renewable energy sources such as wind, solar, or hydroelectric power [8] Leadership Expertise - Agnes Budzyn has over a decade of experience in finance and technology, previously holding leadership roles at BlackRock and ConsenSys, where she contributed to the growth of the Ethereum ecosystem [2][3] - At BlackRock, she managed over $40 billion in portfolio restructuring and collaborated with major global institutions like the European Central Bank and the U.S. Federal Reserve [3] Strategic Vision - The appointment of Agnes Budzyn aligns with Soluna's vision to leverage renewable energy for sustainable computing, enhancing the company's governance and expertise in finance and digital infrastructure [5][3]