Yesterday I had the pleasure to hop on a call with @nathanworden ,Ross Klein (CIO of ChangeBridge Capital),and David Bastian (Twitter @ kingdomcapadv ) as we spoke with Michael Toporek,the CEO of Soluna Holdings.

You can view the conversation here on YouTube

Soluna Holdings is a company focused on mining Bitcoin

but in an ESG friendly way. Soluna exclusively partners with renewable energy producers to power their mining rigs. The relationship between the energy producers and Soluna is actually very symbiotic as Soluna purchases excess energy that is produced. Energy producers of all sorts typically produce more energy than they can sell but are unable to store this energy and at the end of every day it gets wasted. Up to 30% of energy produced can be wasted. Soluna offers energy producers a solution by agreeing to purchase their excess energy and return Soluna benefits by sourcing cheap electricity to power their mining rigs, which is a competitive advantage relative to other miners. Soluna scales by building new data centers on the sites of the energy producers from which they buy power.

My main takeaways: