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) is a developer of renewable-powered data centers for intensive computing applications, including Bitcoin mining, Generative AI, and high-performance computing (HPC). The SLNH news feed on Stock Titan highlights how the company advances its Renewable Computing™ model by pairing modular data centers with wind, solar, and hydroelectric power plants.
Investors and observers following SLNH news can see regular updates on Soluna’s project portfolio, such as the wind-powered Project Dorothy campus in West Texas, the Project Kati campus in Willacy County, Texas, and the Project Grace AI/HPC pilot. Monthly business updates provide site-level metrics and progress on construction, commissioning, and customer deployments across Bitcoin hosting, proprietary mining, and AI/HPC hosting sites.
Company press releases also cover strategic partnerships and financings. Recent announcements include a Memorandum of Understanding with Siemens for a 2 MW behind-the-meter AI pilot at Project Grace, a co-development MOU with Metrobloks, LLC to build a 100+ MW AI and HPC data center at Project Kati 2, and hosting agreements with digital asset partners such as Canaan Inc., Galaxy Digital, and KULR Technology Group. Capital markets activity, including registered direct offerings and credit facilities, is disclosed through both news releases and corresponding SEC filings.
By tracking SLNH news, readers can follow how Soluna expands its renewable-powered computing footprint, progresses on projects like Dorothy, Kati, Sophie, and Grace, and refines its mix of Bitcoin mining, hosting, AI/HPC services, and demand response offerings. Bookmark this page to monitor new project milestones, partnership announcements, and corporate developments affecting Soluna’s renewable computing business.
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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.