The latest announcement is out from Soluna Holdings, Inc. ( (SLNH) ).
Soluna Holdings, Inc.’s subsidiary, Soluna Cloud, entered into an agreement with Hewlett Packard Enterprise to provide data center and cloud services using NVIDIA H100 GPUs. However, due to market shifts and supply changes, Soluna Cloud’s business progressed slower than expected, leading to the termination of the agreement by both parties in March 2025. Soluna Cloud decided to refocus on its core strength in developing bitcoin and AI hosting facilities, which is anticipated to create more value for the company and its shareholders.
More about Soluna Holdings, Inc.
Soluna Holdings, Inc. operates in the technology industry, focusing on data center and cloud services for artificial intelligence and supercomputing applications. The company launched its GPU-as-a-Service business under its subsidiary, Soluna Cloud, with the aim to gain commercial experience in the AI/high powered computing market and capitalize on lower-cost capital for high-growth revenue opportunities.
YTD Price Performance: -54.17%
Average Trading Volume: 553,834
Technical Sentiment Signal: Buy
Current Market Cap: $10.6M
For detailed information about SLNH stock, go to TipRanks’ Stock Analysis page.