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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 October 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: $25M Growth Capital Line - Soluna reached important milestones toward access to the previously announced $25 million Standby Equity Purchase Agreement (SEPA). AMA – In the latest Ask Me Anything (AMA) installment, CEO John Belizaire and CFO John Tunison answer investors' frequently aske
Live Presentation on Wednesday, October 16, 2024 at 1:00 PM ET 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 John Tunison, CFO of Soluna Holdings, will be participating in the Water Tower Research Fireside Chat Series on Wednesday, October 16, 2024 at 1:00 PM ET. This event is open to all investors. Topics will include: A discussion of the recently announced $25 million growth capital line. Updates on the convertible debt and preferred shares. Options to finance new growth opportunities, including the 166 MW Project Kati, the recently annou
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 September project site-level operations, developments, and updates. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241009251060/en/Soluna's Project Dorothy 2 - Under Construction (Photo: Business Wire) The Company has provided the following Corporate and Site Updates. Key Company Metrics: The monthly metrics are now available here. Corporate Highlights: Term Sheets for Project Rosa – Soluna signed a term sheet with a renewable energy leader for Pr
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4 - Soluna Holdings, Inc (0000064463) (Issuer)
4 - Soluna Holdings, Inc (0000064463) (Issuer)
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
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
Enhanced Financing to Accelerate Growth of Scalable, Sustainable Enterprise Computing SolutionsSoluna 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 subsidiary, Soluna Cloud, has raised additional funding to increase its new credit facility by $1.25 million, bringing the total to $13.75 million for its AI business. The Company was advised in this follow-on round of financing by BitOoda Technologies and Imperial Capital.This additional funding will be instrumental in advancing Soluna Cloud's growth initiatives, enabling the Company to continue its innovative approach
Raises $12.5 Million and Secures Sustainable Hosting for Generative AI WorkloadsSoluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today it has successfully raised a credit facility of $12.5 million at its new subsidiary Soluna Cloud, Inc., marking the completion of the first tranche in a larger fundraising effort led by BitOoda Technologies and Imperial Capital.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240624064211/en/ This financing will support the launch of Soluna Cloud, and secure NVIDIA H100 GPUs
Gainers Alpine 4 Holdings (NASDAQ:ALPP) stock rose 8.6% to $0.55 during Thursday's after-market session. The company's market cap stands at $14.9 million. Soluna Holdings (NASDAQ:SLNH) shares rose 7.87% to $6.3. The market value of their outstanding shares is at $24.7 million. UTime (NASDAQ:WTO) shares rose 5.93% to $0.56. The company's market cap stands at $217.6 million. ClearOne (NASDAQ:CLRO) stock increased by 5.18% to $0.71. The market value of their outstanding shares is at $17.0 million. MariaDB (NYSE:MRDB) shares increased by 4.92% to $0.54. The market value of their outstanding shares is at $36.9 million. DatChat (NASDAQ:DATS) stock moved upwards by 4.83% to $1.3. The market v