The 2020’s

MTI Re-Enters the Energy Industry

MTI Invests $500M in Soluna Targeting Crypto-currency Mining Powered by Renewable Energy

 

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.