Soluna Holdings Advances with Key Projects and AI Deals

Soluna Holdings, Inc. ( (SLNH) ) has provided an update.

Soluna Holdings, Inc. has announced several corporate and operational developments including a milestone achievement of monetizing over 100 GWh of curtailed energy at Project Dorothy, equivalent to powering approximately 11,500 H100s for a year. The company has signed AI deals, completed convertible notes payoff, launched flexible financing for AI enterprises, and appointed a new advisory board member. Key project updates include the near completion of customer deployments at Project Dorothy, progress in substation interconnection planning for Project Dorothy 2, and ongoing design and negotiation efforts for Project Kati. Additionally, Soluna is expanding its AI and Bitcoin hosting capabilities and has reached agreements for further deployments with key customers.

More about Soluna Holdings, Inc.

Soluna Holdings, Inc. is focused on transforming surplus renewable energy into global computing resources by operating digital infrastructure co-located with renewable energy sources. It develops green data centers designed to support high-performance computing applications such as Bitcoin mining and Generative AI.

YTD Price Performance: 12.84%

Average Trading Volume: 240,503

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $25.83M

See more data about SLNH stock on TipRanks’ Stock Analysis page.