tiprankstipranks
Company Announcements

Soluna Holdings Acquires Land for Project Rosa Expansion

Story Highlights
  • Soluna Holdings acquired land for Project Rosa, expanding capacity with 187 MW renewable energy.
  • Project Rosa, co-located with a Texas wind farm, aligns with Soluna’s sustainable data center mission.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Soluna Holdings Acquires Land for Project Rosa Expansion

The latest announcement is out from Soluna Holdings, Inc. ( (SLNH) ).

On February 25, 2025, Soluna Holdings, Inc. announced the acquisition of land for Project Rosa, a new data center aimed at expanding its capacity with up to 187 MW of renewable energy for AI and Bitcoin mining. This strategic development, co-located with a 240 MW wind farm in Texas, aligns with Soluna’s mission to create sustainable, scalable data centers and marks a significant step in its operational growth.

More about Soluna Holdings, Inc.

Soluna Holdings, Inc. is a company focused on transforming surplus renewable energy into global computing resources. It designs, develops, and operates digital infrastructure, including data centers co-located with renewable energy sources like wind, solar, or hydroelectric power plants. These centers support high-performance computing applications such as Bitcoin mining and Generative AI, utilizing proprietary software MaestroOS™ to deliver sustainable computing solutions.

YTD Price Performance: -46.33%

Average Trading Volume: 420,621

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $12.41M

See more insights into SLNH stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App