Soluna Holdings, Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- John Belizaire
- Full Time Employees
- 52
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- Address
- 325 Washington Avenue Extension Albany NY United States of America 12205
- IPO Date
- Jun 14, 1999
- CIK
- 0000064463
- Website
- solunacomputing.com
- Similar Companies
- Business
- Soluna Holdings, Inc. (Nasdaq: SLNH) develops and operates green data centers that convert excess renewable energy from wind, solar, and hydro sources into computing power for intensive applications including Bitcoin mining, generative artificial intelligence, high-performance computing, and machine learning; the company offers modular, scalable data center infrastructure co-located with renewable energy plants, MaestroOS software for power management and efficiency, colocation and hosting services with electrical power and network connectivity, Soluna Cloud Services for training and fine-tuning large language models and other AI/HPC workloads, and data center hosting for third-party cryptocurrency miners. Soluna operates through three segments: Cryptocurrency Mining, Data Center Hosting, and High-Performance Computing Services; it targets enterprise customers, Bitcoin miners, and AI developers seeking sustainable, cost-effective computing alternatives to battery storage or grid transmission. The company, founded in 1961 and formerly known as Mechanical Technology, Inc. until its rebranding in November 2021, maintains headquarters in Albany, New York, with primary data center projects in Texas including Project Dorothy (105 MW energized capacity across Dorothy 1 and 2 sites, featuring 4.5 EH/s compute power and 25.7 J/TH efficiency), Project Sophie, and Project Kati (166 MW planned, with groundbreaking on the initial 35 MW phase in September 2025). Recent developments include the completion of Project Dorothy 2 in November 2025, increasing operational capacity by 64% to 123 MW with deployments from a top-tier Bitcoin miner; a 20-megawatt hosting partnership with Canaan Inc. (Nasdaq: CAN) at Project Dorothy for Avalon A15 XP Bitcoin miners; a 3.3-megawatt treasury-focused hosting agreement with KULR Technology Group at Project Sophie in November 2025; expansion of partnerships with Galaxy Digital (48 MW at Project Kati 1, totaling 83 MW) and Compass Mining (13 MW across Dorothy sites); a scalable $100 million credit facility from Generate Capital closed in September 2025 with an initial $12.6 million draw for refinancing Dorothy projects and construction, plus $20 million from Spring Lane Capital for Project Kati 1; a settlement with NYDIG resolving all outstanding matters; Nasdaq compliance restoration; and over $64 million in gross capital raised in Q3 2025, boosting cash reserves to a record $60.5 million amid 37% sequential revenue growth to support a 2.8 GW power pipeline.
Company News
Soluna and Bitdeer Expand Agreement to 35 MW at Project Kati 1
Soluna and Bitdeer Expand Agreement to 35 MW at Project Kati 1
Soluna to Present at the Water Tower Research Insights Conference on September 23, 2026
Soluna Secures Conditional Base Load Position for Project Dorothy's 100 MW in ERCOT Batch Zero
Soluna to Participate in the H.C. Wainwright 28th Annual Global Investment Conference
Soluna Finishes Kati 1 and Secures Conditional Base Load Position for All 166 MW in ERCOT
Reviewing Soluna (NASDAQ:SLNH) and Portage Biotech (NASDAQ:ALP)
Soluna and Bitdeer Enter 28 MW Agreement at Project Kati 1
Soluna and Bitdeer Enter 28 MW Agreement at Project Kati 1
Soluna Closes Purchase of 397 Acres for Project Dorothy 3
Soluna Holdings: The $1.3B Question Remains Unanswered
Soluna Holdings, Inc. (SLNH) Q2 2026 Earnings Call Transcript
Soluna Q2 Earnings Call Highlights
Soluna Reports Q2'26 Results; Revenue Grows 145% Year-Over-Year
Soluna Announces Date of Second Quarter 2026 Earnings Call
Soluna Holdings: The Business Has Changed, The Valuation Hasn't
Soluna Appoints Microsoft Hyperscale Executive Ryan Carver to Lead Soluna's AI
Soluna Announces Monthly Business Update
Soluna Announces Monthly Business Update
Mara Holdings vs. Soluna Holdings: Which AI Pivot Is More Compelling?