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Microsoft veteran Ryan Carver to lead Soluna Holdings (Nasdaq: SLNH)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Soluna Holdings, Inc. appointed Ryan Carver as Chief Development Officer, effective immediately. He will be responsible for the full lifecycle of Soluna’s AI/HPC, behind-the-meter, renewable-powered data center platform, from site origination and power procurement through design, construction, commissioning, and ongoing operations, reporting directly to CEO John Belizaire on the Senior Leadership Team.

Carver joins from Microsoft, where he most recently served as Senior Director – AI Construction & Site Development, leading a construction P&L described as in the tens of billions of dollars and overseeing major AI data center campuses, including the Fairwater campus in Mount Pleasant, Wisconsin. The company describes his cross-functional role as integrating development, construction, technology operations, and power into a unified delivery engine as it scales its green data center platform, and includes forward-looking statements about growth plans and the anticipated contributions of the new Chief Development Officer.

Positive

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Negative

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Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Preferred dividend rate 9.0% Dividend rate on 9.0% Series A Cumulative Perpetual Preferred Stock
Common stock par value $0.001 per share Par value of Soluna common stock
Series A preferred par value $0.001 per share Par value of 9.0% Series A Cumulative Perpetual Preferred Stock
Microsoft AI construction P&L scale tens of billions of dollars Scale of construction P&L Carver led as Senior Director – AI Construction & Site Development at Microsoft
Carver tenure at Microsoft more than a decade Duration of Carver’s senior leadership roles overseeing Microsoft’s global data center construction portfolio
Cumulative Perpetual Preferred Stock financial
"9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share"
A cumulative perpetual preferred stock is a share that acts like a long-lasting hybrid between a bond and a dividend-paying stock: it promises regular fixed payments that, if missed, accumulate and must be paid later before common shareholders get dividends, and it has no set maturity date. Investors care because it can provide steady, higher-priority income similar to interest, but with limited capital upside, sensitivity to interest rates, and the risk that payments can be delayed even though they continue to accrue.
behind-the-meter technical
"as Soluna scales its behind-the-meter, renewable-powered AI infrastructure platform"
Equipment or systems located on a customer’s side of the electricity meter—such as rooftop solar panels, battery storage, electric vehicle chargers, or energy controls—that generate, store, or manage power for use on-site rather than being supplied through the utility’s grid. Investors care because behind-the-meter assets change how much power a customer buys, can create new revenue or savings streams, affect demand patterns, and shift regulatory or business models in the energy market, much like a homeowner installing their own water tank reduces municipal supply needs.
high-performance computing technical
"to support high-performance computing applications, including Bitcoin Mining, Generative AI"
A cluster of very powerful computers, special chips and fast networks designed to tackle huge, complex calculations far faster than a normal PC — like replacing a single delivery van with a synchronized fleet to move a city’s worth of packages. For investors, high-performance computing matters because it enables faster product development, more accurate simulations and data analysis, and new revenue streams for hardware, software and services, making firms that supply or use it potentially more competitive and scalable.
Private Securities Litigation Reform Act of 1995 regulatory
"made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995"
Certified Construction Manager (CCM) technical
"Carver holds a degree in International Business ... and is a Certified Construction Manager (CCM)"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did Soluna Holdings (SLNH) announce on July 16, 2026?

Soluna announced it has appointed Ryan Carver as Chief Development Officer, effective immediately. He will oversee the full lifecycle of the company’s AI/HPC, renewable-powered data center platform and report directly to CEO John Belizaire on the Senior Leadership Team.

What is Ryan Carver’s new role at Soluna Holdings (SLNH)?

Ryan Carver has been named Chief Development Officer of Soluna. He will manage site origination, power procurement, design, construction, commissioning, and operations for Soluna’s AI/HPC data centers, integrating development, construction, technology operations, and power into a unified delivery engine.

What experience does Soluna’s new Chief Development Officer bring?

Carver joins from Microsoft, where he was Senior Director – AI Construction & Site Development, leading a construction P&L in the tens of billions of dollars and overseeing major AI data center campuses, including Microsoft’s Fairwater campus in Mount Pleasant, Wisconsin.

How does Soluna Holdings (SLNH) describe its business and mission?

Soluna describes itself as a developer of green data centers that transform surplus renewable energy into computing resources for Bitcoin mining, generative AI, and other intensive applications, with a mission to make renewable energy a global superpower using computing as a catalyst.

Does this Soluna Holdings (SLNH) 8-K include financial results?

No. The 8-K focuses on the executive appointment of Ryan Carver as Chief Development Officer and includes a related press release, along with customary forward-looking statements, but does not present financial results or new financial statements.

What forward-looking statements are associated with Soluna’s new CDO?

Soluna includes forward-looking statements about its growth plans and the anticipated contributions of the new Chief Development Officer, made under the U.S. Private Securities Litigation Reform Act of 1995, and notes that such statements involve inherent risks and uncertainties.
false 0000064463 0000064463 2026-07-16 2026-07-16 0000064463 SLNH:CommonStockParValue0.001PerShareMember 2026-07-16 2026-07-16 0000064463 SLNH:Sec9.0SeriesCumulativePerpetualPreferredStockParValue0.001PerShareMember 2026-07-16 2026-07-16 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

FORM 8-K

 

 

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): July 16, 2026

 

 

 

SOLUNA HOLDINGS, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

 

Nevada   001-40261   14-1462255

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

325 Washington Avenue Extension    
Albany, New York   12205
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (516) 216-9257

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common stock, par value $0.001 per share   SLNH   The Nasdaq Stock Market LLC
9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share   SLNHP   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 
 

 

Item 7.01 Regulation FD Disclosure.

 

On July 16, 2026, Soluna Holdings, Inc. (the “Company”) issued a press release announcing that it appointed Ryan Carver as Chief Development Officer of the Company, effective immediately. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

The information in this Current Report on Form 8-K under Item 7.01, including the information contained in Exhibit 99.1, is being furnished to the Securities and Exchange Commission, and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by a specific reference in such filing.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits.

 

99.1   Press Release, dated July 16, 2026
104   Cover Page Interactive Data File (embedded with the Inline XBRL document)

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  SOLUNA HOLDINGS, INC.
     
Date: July 16, 2026 By: /s/ Michael Picchi
    Michael Picchi
    Chief Financial Officer
    (principal financial officer)

 

 

 

Exhibit 99.1

 

Soluna Appoints Microsoft Hyperscale Executive Ryan Carver to Lead Soluna’s AI

 

Appointed Chief Development Officer, Carver will accelerate the company’s expanding AI infrastructure platform

 

ALBANY, N.Y., July 16, 2026 – Soluna Holdings, Inc. (“Soluna” or the “Company”) (Nasdaq: SLNH), a developer of green data centers for intensive computing applications, including AI and Bitcoin mining, today announced it has appointed Ryan Carver as Chief Development Officer (CDO), effective immediately. Carver will be responsible for the full lifecycle of Soluna’s AI/HPC data center platform, from site origination and power procurement through design, construction, commissioning, and ongoing operations. He will report directly to CEO John Belizaire and sit on Soluna’s Senior Leadership Team.

 

As CDO, Carver will serve in a cross-functional role spanning development, construction, technology operations, and power — integrating each into a unified delivery engine as Soluna scales its behind-the-meter, renewable-powered AI infrastructure platform.

 

“Ryan has built and delivered some of the largest, most technologically sophisticated AI data center campuses in the world, and he brings exactly the kind of end-to-end operating discipline we need as we scale,” said John Belizaire, CEO of Soluna. “From site selection through power integration, construction, and live operations, Ryan has done it at a scale few executives in this industry can match. His leadership will be instrumental as we advance our next phase of growth.”

 

Carver joins Soluna from Microsoft, where he most recently served as Senior Director – AI Construction & Site Development, leading a construction P&L in the tens of billions of dollars across the company’s AI data center campus development. During his tenure, Carver led the construction program at Microsoft’s Fairwater campus in Mount Pleasant, Wisconsin.

 

“Soluna’s model — co-locating digital infrastructure directly with renewable generation — is one of the most compelling approaches I’ve seen to solving the power constraints facing this industry,” said Carver. “I’m excited to bring my experience building hyperscale AI infrastructure to a company that is turning surplus clean energy into real computing capacity, and to build the team and platform needed to deliver it at scale.”

 

Over more than a decade at Microsoft, Carver held senior leadership roles overseeing the company’s global data center construction portfolio, serving as a key decision-maker driving site selection, permitting, design, and project delivery across multiple geographies. Earlier in his career, he held engineering and project management roles at Turner Construction and Jacobs, contributing to major infrastructure projects including World Trade Center Tower 2 and Yankee Stadium. Carver holds a degree in International Business from The Ohio State University and is a Certified Construction Manager (CCM). He is based in Seattle, Washington.

 

For more information about Soluna, visit solunacomputing.com.

 

 
 

 

Safe Harbor Statement

 

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include all statements, other than statements of historical fact, regarding our current views and assumptions with respect to future events regarding our business, including statements regarding the Company’s growth plans and the anticipated contributions of its new Chief Development Officer. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” and similar statements. Soluna may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including but not limited to statements about Soluna’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, further information regarding which is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of the press release, and Soluna undertakes no duty to update such information, except as required under applicable law.

 

About Soluna Holdings, Inc. (Nasdaq: SLNH)

 

Soluna is on a mission to make renewable energy a global superpower, using computing as a catalyst. The Company designs, develops, and operates digital infrastructure that transforms surplus renewable energy into global computing resources. Soluna’s pioneering data centers are strategically co-located with wind, solar, or hydroelectric power plants to support high-performance computing applications, including Bitcoin Mining, Generative AI, and other compute-intensive applications. Soluna’s proprietary software MaestroOS™ helps energize a greener grid while delivering cost-effective and sustainable computing solutions and superior returns. To learn more, visit solunacomputing.com and follow us on:

 

LinkedIn: linkedin.com/company/solunaholdings

 

X (formerly Twitter): x.com/solunaholdings

 

YouTube: youtube.com/c/solunacomputing

 

Newsletter: bit.ly/solunasubscribe

 

Resource Center: solunacomputing.com/resources

 

Soluna regularly posts important information on its website and encourages investors and potential investors to consult the Soluna investor relations and investor resources sections of its website regularly.

 

Media Contacts

 

Soluna

Public Relations

West of Fairfax for Soluna

Soluna@westof.co

 

 

Filing Exhibits & Attachments

5 documents