Mechanical Technology, Incorporated

The 2020’s

The 2020’s

MTI Refocuses on the Energy Industry

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

 

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