Welcome to our dedicated page for SOLUNA HOLDINGS news (Ticker: SLNH), a resource for investors and traders seeking the latest updates and insights on SOLUNA HOLDINGS stock.
Soluna Holdings Inc (NASDAQ: SLNH) operates at the intersection of renewable energy and high-performance computing, specializing in cryptocurrency mining and machine learning processes powered by sustainable resources. This page serves as the definitive source for official company announcements, financial updates, and operational developments.
Investors and industry observers will find curated news covering earnings reports, strategic partnerships, technology innovations, and energy infrastructure expansions. Our collection emphasizes Soluna's unique model of converting excess renewable energy into computational value through advanced data center operations.
All content is organized chronologically highlight SLNH's progress in sustainable computing solutions. Bookmark this page to track how the company navigates evolving markets in cryptocurrency, clean energy integration, and high-efficiency data processing.
Soluna Holdings, Inc. (NASDAQ: SLNH) announced a 5 MW hosting contract with Compass Mining at its Project Dorothy data center in Texas. This two-year partnership allows Soluna to provide Bitcoin mining services, leveraging energy from a co-located wind farm, thus monetizing excess wind energy curtailment. In addition to hosting, Soluna will deliver operations and maintenance services for Compass. The partnership highlights Soluna's commitment to sustainable energy solutions in the Bitcoin mining sector. CEO John Belizaire expressed enthusiasm for collaborating with Compass, which is recognized as a leader in the Bitcoin mining industry. The commissioning of hardware for Compass will commence shortly, enhancing the operational capabilities of the Project Dorothy facility.
Soluna Holdings, Inc. (NASDAQ: SLNH) has announced an agreement to extend the maturity of its convertible notes to May 25, 2023. The company is currently negotiating terms for a longer-term extension. CEO Michael Toporek expressed gratitude towards the note holders for their cooperation, emphasizing the importance of this extension for the company’s continued success. The press release indicates that final terms are still being discussed, and further announcements will follow once an agreement is reached. Soluna specializes in developing green data centers, converting excess renewable energy into computing resources for applications like Bitcoin mining, AI, and machine learning.
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