Signed Term Sheet Expected to Unlock Scalable, Sustainable Computing in Cameron County with Project Hedy Soluna Holdings, Inc. ("Soluna" or the "Company"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced today that it has signed a term sheet for power for Project Hedy, a new 120 MW data center co-located with a 200 MW wind farm in South Texas. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250408423645/en/Soluna's Project Hedy Expected to Unlock Scalable, Sustainable Computing in Cameron County, TX The wind farm is owned by a new power partner–a mu

Project pipeline growth, cash growth, and capital structure simplification highlight the focus and execution in core business. Soluna Holdings, Inc. ("Soluna Holdings" or the "Company"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced financial results for the full year ended December 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250401381509/en/Soluna Holdings, Inc., Cumulative Revenue by Quarter (2024) "Our 2024 results reflect continued momentum and strong execution across our core businesses of Bitcoin hosting, mining, and demand resp

New Case Study Explores How Soluna and Luxor Delivered a Seamless, Scalable Mining Model for BitMine Soluna Holdings, Inc. ("Soluna"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced today the release of a case study highlighting the success of its strategic partnership with Luxor Technology Corporation ("Luxor") and BitMine Immersion Technologies ("BitMine") (OTCQX:BMNR). The study, titled "Scaling Hashrate, Simplified: The Turnkey Mining Model That Delivered for BitMine" showcases how Soluna and Luxor joined forces to deliver a seamless, turnkey mining solution, helping BitMine scale operations efficiently

Initial phase powered up and ramping; To be completed by Q4 2025. Soluna Holdings, Inc. ("Soluna" or the "Company"), (NASDAQ:SLNH), a developer of green data centers for AI and other intensive computing, announced today that it has the approval from ERCOT and has successfully begun the initial energizing and phased commissioning of Project Dorothy 2, marking a significant expansion of its Bitcoin Hosting capacity. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250325594980/en/Soluna Powers Up Project Dorothy 2 The energization of Project Dorothy 2 represents the next phase of Soluna's flagship Texas-based data center, designed t

Soluna Holdings, Inc. ("Soluna" or the "Company"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced today that it has successfully closed a $5 million loan facility with Galaxy Digital ("Galaxy") (TSX:GLXY), a financial services and investment management innovator in the digital asset and blockchain technology sectors. The loan will have a five-year term. It is secured, with limited recourse to the parent company—highlighting the strength of project-level standalone cash flows and the ability to attract institutional financing. The Company has the right to prepay the loan, in whole or in part, at any time, sub

Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced its February 2025 project site-level operations, developments, and updates. The Company has provided the following Corporate and Site Updates. Key Company Metrics: The monthly metrics are now available here. Corporate Highlights: Soluna Announces Project Kati Successfully Exits ERCOT Planning Phase - Soluna's new data center project is expected to unlock up to 166 MW of Bitcoin hosting and AI joint venture opportunities. Learn more here. Soluna and Bit Digital Expand Partnership, Surpassing 12 MW in Hosting

Soluna Holdings, Inc. ("SHI", "Soluna", or the "Company"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today its subsidiary, Soluna Cloud, is enabling Atlas Cloud's new DeepSeek R1 offering in North America, delivering high-performance AI inferencing powered by 128 NVIDIA H100 SXM Infiniband GPUs with superior performance. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250305313181/en/(Graphic: Business Wire) DeepSeek R1, known for its advanced AI capabilities, is now accessible to North American users through Atlas Cloud's high-performance infer

Las Majadas wind project will supply clean power to co-located data center; Agreement provides an innovative solution to capture under-utilized electricity from wind farm. EDF Renewables North America and Abu Dhabi Future Energy Company – Masdar, co-owners of the Las Majadas Wind Project, have entered into a power purchase agreement (PPA) with data center developer and operator Soluna Holdings, Inc. (Soluna), (NASDAQ:SLNH). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250304339415/en/Las Majadas wind project in Texas will supply behind-the-meter power to a Soluna data center. (Photo: Business Wire) Under the terms of the agree

Agreement Secures 60 Acres of Land for Project Development, Expected to Unlock up to 187 MW of Sustainable Energy for AI and Bitcoin Mining Soluna Holdings, Inc. ("SHI", "Soluna", or the "Company"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today that it has secured the necessary land purchase agreement to build its new data center, Project Rosa. This milestone marks a significant step forward in expanding Soluna's capacity with up to an impressive 187 MW of renewable energy dedicated to powering next-generation AI and Bitcoin mining operations. This press release features multimedia. View the full rel

New 5.5 MW Deal Brings Next-Gen Mining to Project Dorothy Soluna Holdings, Inc. ("SHI", "Soluna", or the "Company"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced a twelve month 5.5 MW hosting contract with Bit Digital (NASDAQ:BTBT) at Soluna's Project Dorothy in Texas, marking the latest expansion in their growing partnership. Soluna and Bit Digital's partnership has expanded steadily, starting with a 4.4 MW deployment at Project Sophie in November 2023, growing to 6.6 MW by October 2024, and extending to Project Dorothy with a 5.5 MW contract in December 2024. Now, the partnership has reached a new milest

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Achieves Milestone of 100 GWh in Curtailed Energy Monetization Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced its December 2024 project site-level operations, developments, and updates. The Company has provided the following Corporate and Site Updates. Key Company Metrics: The monthly metrics are now available here. Corporate Highlights: AI Deal Signed with San Francisco Compute Company: Soluna will deliver custom AI cloud solutions to its first customer following strategic collaboration with Hewlett Packard Enterprise (HPE) GreenLake. Learn more her

Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, is pleased to announce the appointment of Ernest Popescu to its advisory board. Ernest Popescu is the Chief Executive Officer and founder of Metrobloks, a data center company committed to revolutionizing the industry through a customer-centric approach, focusing on reliability, efficiency, sustainability, and customer trust. Prior to founding Metrobloks, Ernest had a distinguished career at Amazon Web Services (AWS) and Meta (formerly Facebook), where he held leadership roles in global data center capacity planning and devel

Soluna Holdings, Inc. ("Soluna" or the "Company"), (NASDAQ:SLNH), a developer of green data centers for Bitcoin mining and other intensive computing announced today a collaboration with a leading global enterprise GPU-Server, original equipment manufacturer (OEM) and Artificial Intelligence (AI) infrastructure-as-a-service provider (the "Strategic Partner"). Soluna Cloud, the Company's new subsidiary focused on sustainable, scalable AI Cloud and hosting services, has signed an agreement to work with the Strategic Partner to deliver an initial cluster of NVIDIA H100 GPUs. As part of the collaboration, Soluna will work with the Strategic Partner to deliver powerful, energy-efficient superco

Tunison brings over 25 years of expertise fostering business expansion within the global energy sectors. Soluna Holdings, Inc. ("SHI", "Soluna" or the "Company"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced the appointment of John Tunison as Chief Financial Officer (CFO). As CFO, Tunison will lead Soluna's finance and accounting activities with a specific focus on strategy and capital allocation for Soluna's growing pipeline of data centers co-located with renewable power plants. Tunison possesses extensive expertise spanning over 25 years in managing finance operations and facilitating capital formatio

Appoints Former Head of Data Center Innovation at Google Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), the parent company of Soluna Computing, Inc. ("SCI"), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today the formation of its new Advisory Board and the appointment of Daniel Golding, a former head of advanced engineering and data center innovation at Google. The Advisory Board has been formed to further accelerate the Company's plan to offer its AI customers purpose-built facilities powered by renewable energy at ground breaking costs. John Belizaire, CEO of Soluna Holdings, commented, "We recently launched

Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), the parent company of Soluna Computing, Inc. ("SCI"), a developer of green data centers for Bitcoin mining and other intensive computing, announced today that it has accepted the resignation of its Chief Financial Officer, Philip Patman Jr., effective April 21, 2023. Mr. Patman is leaving to accept a similar position in his hometown of Houston, Texas. Michael Toporek, CEO of Soluna Holdings, stated, "On behalf of Soluna, we want to thank Philip for his contributions to the team, including his leadership of Soluna's finance team. We wish him continued success in his new position." David Michaels, a Company Director and Chairm

Belizaire Becomes CEO of Holdings and Operating Companies Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), the parent company of Soluna Computing, Inc. ("SCI"), a developer of green data centers for Bitcoin mining and other intensive computing, announced today that John Belizaire will be promoted to CEO of Soluna Holdings, Inc. in addition to his role as CEO of Soluna Computing, Inc. Belizaire is one of the founders of Soluna Computing, Inc. prior to its acquisition by Mechanical Technology, Inc. (MTI) and will succeed Michael Toporek as CEO of Soluna Holdings, Inc. In this transition, Toporek will become Executive Chairman of the Board of Directors, succeeding William Phela

Patman brings more than 25 years of business growth experience in global energy markets  ALBANY, NY, Aug. 03, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), the parent company of Soluna Computing, Inc. ("SCI"), a developer of green data centers for cryptocurrency mining and other intensive computing, has announced the appointment of Phil Patman Jr. as Chief Financial Officer (CFO). As CFO, Patman will spearhead finance and accounting with a specific focus on capital markets and acquisitions for Soluna and its growing pipeline of green data centers co-located with renewable power plants.  Patman brings more than 25 years of

Project pipeline growth, cash growth, and capital structure simplification highlight the focus and execution in core business. Soluna Holdings, Inc. ("Soluna Holdings" or the "Company"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced financial results for the full year ended December 31, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250401381509/en/Soluna Holdings, Inc., Cumulative Revenue by Quarter (2024) "Our 2024 results reflect continued momentum and strong execution across our core businesses of Bitcoin hosting, mining, and demand resp

Performance Includes 176% Increase in Revenue and Operating Profit Milestone Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), the parent company of Soluna Computing, Inc. ("SCI"), a developer of green data centers for Bitcoin mining and other intensive computing applications, reported financial results for the third quarter ended September 30, 2023. John Belizaire, CEO of Soluna Holdings, said, "We are delighted to announce the successful completion of Project Dorothy 1B, marking a significant milestone for Project Dorothy. The project is now fully operational, and we are witnessing the tangible impact of its earnings potential." Belizaire went further on to say, "Our de

Company Boosts Balance Sheet, Optimizes Operations Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), the parent company of Soluna Computing, Inc. ("SCI"), a developer of green data centers for Bitcoin mining and other intensive computing applications, reported financial results for the second quarter ended June 30, 2023. John Belizaire, CEO of Soluna Holdings, said, "Our progress executing the 3-step plan I shared in my letter to shareholders in the first half of the year has resulted in a stronger balance sheet and improved cash flows. This sets us up for continued growth in the second half of 2023 as we complete our transition focused on monetizing our sites through hosti

Ramps Project Dorothy and Kicks Off New Business Plan Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), the parent company of Soluna Computing, Inc. ("SCI"), a developer of green data centers for Bitcoin mining and other intensive computing, reported financial results for the first quarter ended March 31, 2023. John Belizaire, CEO of Soluna Holdings, said, "Soluna has been busy the last few months. In the first quarter, we began our transition to a new business model, focused on monetizing our sites through hosting and joint ventures. We continue to reduce G&A costs to put us on a trajectory to reach positive cash flows from operations. We expect the first two quarters of t

ALBANY, NY, Sept. 09, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), formerly Mechanical Technology, Inc., the parent company of Soluna Computing, Inc. ("SCI"), a developer of green data centers for cryptocurrency mining and other intensive computing, today announced that its Board of Directors has declared the regular monthly cash dividend on its shares of 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share (the "Series A Preferred Stock") for the month ended September 30, 2022. The dividend will be payable on or about September 30, 2022, to holders of the Series A Preferred Stock of record as of the c

ALBANY, NY, Aug. 08, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), formerly Mechanical Technology, Inc., the parent company of Soluna Computing, Inc. ("SCI"), a cryptocurrency mining business powered by renewable energy, today announced that its Board of Directors has declared the regular monthly cash dividend on its shares of 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share (the "Series A Preferred Stock") for the month ended August 31, 2022. The dividend will be payable on or about August 31, 2022, to holders of the Series A Preferred Stock of record as of the close of business on August 18, 2022 a

ALBANY, NY, July 20, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), the parent company of Soluna Computing, Inc. ("SCI"), a developer of green data centers for cryptocurrency mining and other intensive computing, today announced two recent financing developments that serve to increase capital structure flexibility and fund the Company's near-term growth pipeline.  The developments, which involved several longstanding investors in the Company, are intended to enable the Company to continue to execute on its business plan notwithstanding the current market volatility including drawing down an initial tranche of the previously announ

ALBANY, NY, July 06, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), formerly Mechanical Technology, Inc., the parent company of Soluna Computing, Inc. ("SCI"), a cryptocurrency mining business powered by renewable energy,  today announced that its Board of Directors has declared the regular monthly cash dividend on its shares of 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share (the "Series A Preferred Stock") for the month ended July 31, 2022. The dividend will be payable on or about July 31, 2022, to holders of the Series A Preferred Stock of record as of the close of business on July 16, 2022 at a r

ALBANY, NY, June 09, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), formerly Mechanical Technology, Inc., the parent company of Soluna Computing, Inc. ("SCI"), a cryptocurrency mining business powered by renewable energy, today announced that its Board of Directors has declared the regular monthly cash dividend on its shares of 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share (the "Series A Preferred Stock") for the month ended June 30, 2022. The dividend will be payable on or about June 30, 2022, to holders of the Series A Preferred Stock of record as of the close of business on June 19, 2022 at a r

ALBANY, NY, May 09, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire –Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), formerly Mechanical Technology, Inc., the parent company of Soluna Computing, Inc. ("SCI"), a cryptocurrency mining business powered by renewable energy,  today announced that its Board of Directors has declared the regular monthly cash dividend on its shares of 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share (the "Series A Preferred Stock") for the month ended May 31, 2022. The dividend will be payable on or about May 31, 2022, to holders of the Series A Preferred Stock of record as of the close of business on May 19, 2022 at a rate o

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