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Soluna Holdings, Inc. ( (SLNH) ) has issued an announcement.
On February 18, 2025, Soluna Holdings, Inc. announced the successful exit of Project Kati from the ERCOT planning phase, paving the way for construction and expansion. Project Kati is expected to deliver 166 MW of renewable energy capacity, unlocking new hosting and AI joint venture opportunities, with construction anticipated to start in 2025. This development aligns with Soluna’s vision of expanding renewable computing infrastructure to meet the demands of high-performance applications, further solidifying its position in the industry.
More about Soluna Holdings, Inc.
Soluna Holdings, Inc. is a company focused on transforming surplus renewable energy into global computing resources by designing, developing, and operating digital infrastructure. Their data centers, designed for high-performance computing applications like Bitcoin mining and AI, are strategically located near renewable energy sources such as wind, solar, or hydroelectric power plants. The company aims to make renewable energy a global superpower through its innovative solutions and proprietary software MaestroOS™.
YTD Price Performance: -32.57%
Average Trading Volume: 400,109
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $15.8M
For detailed information about SLNH stock, go to TipRanks’ Stock Analysis page.