MTI Re-Enters the Energy Industry
MTI Invests in Soluna – forms RenewChain, Inc.
- MTI forms a new business unit, named RenewChain, Inc. The purpose of RenewChain is to develop and monetize crypto-currency mining facilities that can be powered by renewable energy.
- Simultaneous with the formation of RenewChain, MTI invested $500,000 in Soluna Technologies Ltd. and retains the ability to make ongoing investments in Soluna.