Soluna Holdings
SLNH

$3.23

12.94%

Market Cap: $18.6M

About: Soluna Holdings Inc is a U.S.-based company that conducts operations through its subsidiary. The group is engaged in the mining of cryptocurrency through data centers that can be powered by renewable energy sources. The data centers buy every excess megawatt to use for batch-oriented, computing-intensive processes such as cryptocurrency mining or machine learning which is a low-risk and low-friction solution to use as a smartphone.

Employees: 40

Financials Finance Services

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

111% more capital invested

Capital invested by funds: $192K [Q1] → $404K (+$212K) [Q2]

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

15% more funds holding

Funds holding: 13 [Q1] → 15 (+2) [Q2]

2.44% less ownership

Funds ownership: 4.14% [Q1] → 1.69% (-2.44%) [Q2]

50% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 2

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Research analyst outlook

We haven’t received any recent analyst ratings for SLNH.

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Financial journalist opinion

Based on 5 articles about SLNH published over the past 30 days

Soluna Signs Term Sheet with Renewable Energy Leader for New Data Center Project

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--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 today that it has signed term sheets for power and land for Project Rosa, a new 187 MW Data Center indicating an important step forward in the Company's expansion efforts. Project Rosa will be strategically co-located with a 240 MW wind farm in Texas, enabling the project to directly harne.

Soluna Signs Term Sheet with Renewable Energy Leader for New Data Center Project

Soluna Announces Monthly Business Update

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--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 August 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: Q2 2024 Results – The Company released its strong second quarter 20.

Soluna Announces Monthly Business Update

Soluna Secures New $25M Growth Capital Line

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, today announced that it has entered into a $25 million Standby Equity Purchase Agreement (“SEPA”) with a fund managed by Yorkville Advisors Global L.P (“Yorkville“). The financing will enable Soluna to: Fund critical Soluna Cloud AI operations and data center development activities. Deploy additi.

Soluna Secures New $25M Growth Capital Line

Soluna Breaks Ground on Project Dorothy 2, its Flagship Sustainable Data Center in Texas

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--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 proud to announce the groundbreaking of Project Dorothy 2 in Texas. The ceremony, held on Wednesday, August 28, 2024, marks a significant milestone in the company's mission to power the future of computing with clean energy. With Project Dorothy 2, Soluna's flagship Texas data center, Project Dor.

Soluna Breaks Ground on Project Dorothy 2, its Flagship Sustainable Data Center in Texas

Soluna to Participate in Water Tower Research Fireside Chat Series

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--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 Belizaire, CEO of Soluna Holdings, will be participating in the Water Tower Research Fireside Chat Series on August 28, 2024 at 1:00 PM EDT. This event is open to all investors. Topics will include: An onsite update of the activity happening at Project Dorothy. Soluna's.

Soluna to Participate in Water Tower Research Fireside Chat Series

Soluna Holdings Reports Strong Adjusted EBITDA and Q2'24 Results

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--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 financial results for the second quarter ended June 30, 2024. John Belizaire, CEO of Soluna, said, “I am honored to lead such a resilient team. This year's quarterly results show a markedly different company with many opportunities ahead. We have now successfully implemented all of our rev.

Soluna Holdings Reports Strong Adjusted EBITDA and Q2'24 Results

Soluna Announces Monthly Business Update

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--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 July 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: GPUs in partnership with Hewlett Packard Enterprises (HPE) are now av.

Soluna Announces Monthly Business Update

Soluna Announces Sustainable AI Soluna Cloud Supported by Hewlett Packard Enterprise

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--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 it is delivering state-of-the-art AI sustainability cloud solutions for the enterprise with support from Hewlett Packard Enterprise (HPE). The collaboration will power services to support AI training, tuning and customizing both small and large language models (LLMs) for customers, whil.

Soluna Announces Sustainable AI Soluna Cloud Supported by Hewlett Packard Enterprise

Soluna Closes $30M Funding from Spring Lane Capital for Project Dorothy 2

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--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 it has closed its latest round of financing from Spring Lane Capital (“SLC”) for a 48 MW expansion of Soluna's flagship behind-the-meter data center, Project Dorothy, (“Dorothy 2”) facility. SLC, a private equity firm providing hybrid project capital for sustainability solutions,.

Soluna Closes $30M Funding from Spring Lane Capital for Project Dorothy 2

Soluna Cloud Expands Funding for AI Business to $13.75 Million

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--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 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 additi.

Soluna Cloud Expands Funding for AI Business to $13.75 Million

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