Articles from Soluna Holdings, Inc.

Soluna Holdings, Inc. (“SHI”, “Soluna”, or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today its subsidiary, Soluna Cloud, is enabling Atlas Cloud’s new DeepSeek R1 offering in North America, delivering high-performance AI inferencing powered by 128 NVIDIA H100 SXM Infiniband GPUs with superior performance.

Soluna Holdings, Inc. (“SHI”, “Soluna”, or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today that it has secured the necessary land purchase agreement to build its new data center, Project Rosa. This milestone marks a significant step forward in expanding Soluna’s capacity with up to an impressive 187 MW of renewable energy dedicated to powering next-generation AI and Bitcoin mining operations.

Soluna Holdings, Inc. (“SHI”, “Soluna”, or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced a twelve month 5.5 MW hosting contract with Bit Digital NASDAQ: BTBTNASDAQBTBT)

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, has successfully exited the Electric Reliability Council of Texas (ERCOT) planning phase for its Project Kati. This marks a critical step forward in the project’s development, clearing the path for construction and further expansion.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced its January 2025 project site-level operations, developments, and updates.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced its December 2024 project site-level operations, developments, and updates.

Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today a new agreement with Atlas Cloud (“Atlas”), a leading provider of cloud-based solutions specializing in advanced AI-driven video processing. This marks the second customer secured through Soluna's strategic collaboration with Hewlett Packard Enterprise (HPE) GreenLake and further expands Soluna’s footprint in sustainable, high-performance AI computing.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, is pleased to announce the appointment of Ernest Popescu to its advisory board.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced a strategic partnership between its subsidiary Soluna Cloud and Gynger, the leading embedded payments platform for technology.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announces the successful completion of a final conversion and payoff of its outstanding convertible notes, following a reprice of the conversion price, eliminating this debt from the company’s balance sheet.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced its November project site-level operations, developments, and updates.

Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, is proud to announce it has executed a Master Services Agreement (“MSA”) with San Francisco Compute Company (“SF Compute”), a company building the first real-time compute trading platform for AI.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced financial results for the third quarter ended September 30, 2024.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced its October project site-level operations, developments, and updates.

Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today that John Tunison, CFO of Soluna Holdings, will be participating in the Water Tower Research Fireside Chat Series on Wednesday, October 16, 2024 at 1:00 PM ET.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced its September project site-level operations, developments, and updates.

Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, today announced its agreement with its convertible noteholders and amendments of its agreements with the holder of its Series B Preferred Stock, important milestones toward access to the previously announced $25 million Standby Equity Purchase Agreement (“SEPA”) with a fund managed by Yorkville Advisors Global L.P. (“Yorkville”).

Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today that John Belizaire, CEO of Soluna Holdings, will be participating in a live virtual event on Sustainable AI for the Future of Business with Anders Sorman-Nilsson, Global Futurist and Innovation Strategist, and Lin Nease, Hewlett Packard Enterprise Fellow, Sustainability Services CTO. The live virtual event will be held on Friday, October 4, 2024, at 3 PM EDT.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today that it has signed term sheets for power and land for Project Rosa, a new 187 MW Data Center indicating an important step forward in the Company’s expansion efforts.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced its August project site-level operations, developments, and updates.

Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, today announced that it has entered into a $25 million Standby Equity Purchase Agreement (“SEPA”) with a fund managed by Yorkville Advisors Global L.P (“Yorkville“).

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, is proud to announce the groundbreaking of Project Dorothy 2 in Texas. The ceremony, held on Wednesday, August 28, 2024, marks a significant milestone in the company’s mission to power the future of computing with clean energy.

Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today that John Belizaire, CEO of Soluna Holdings, will be participating in the Water Tower Research Fireside Chat Series on August 28, 2024 at 1:00 PM EDT.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced financial results for the second quarter ended June 30, 2024.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced its July project site-level operations, developments, and updates.

Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced it is delivering state-of-the-art AI sustainability cloud solutions for the enterprise with support from Hewlett Packard Enterprise (HPE). The collaboration will power services to support AI training, tuning and customizing both small and large language models (LLMs) for customers, while marking a significant milestone towards achieving more environmentally friendly AI operations.

Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today it has closed its latest round of financing from Spring Lane Capital (“SLC”) for a 48 MW expansion of Soluna’s flagship behind-the-meter data center, Project Dorothy, (“Dorothy 2”) facility. SLC, a private equity firm providing hybrid project capital for sustainability solutions, has agreed to lead the financing round of $30 million.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced its subsidiary, Soluna Cloud, has raised additional funding to increase its new credit facility by $1.25 million, bringing the total to $13.75 million for its AI business. The Company was advised in this follow-on round of financing by BitOoda Technologies and Imperial Capital.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced its subsidiary, Soluna Cloud, is now offering immediate availability of its AI cloud services to Enterprise customers and Generative AI Labs. At least 512 H100 SXM GPUs are now available in the new service to support generative AI workloads.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced its June project site-level operations, developments, and updates.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today it has successfully raised a credit facility of $12.5 million at its new subsidiary Soluna Cloud, Inc., marking the completion of the first tranche in a larger fundraising effort led by BitOoda Technologies and Imperial Capital.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced its May project site-level operations, developments, and updates.

Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today that John Belizaire, CEO of Soluna Holdings, will be participating in the Water Tower Research Fireside Chat Series on June 4, 2024 at 1:00 PM EDT.

Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced an open letter to shareholders from Soluna Holdings CEO, John Belizaire.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today that it has signed a definitive Power Purchase Agreement (PPA) for Project Kati with EDF Renewables and Abu Dhabi Future Energy Company – Masdar (Masdar), marking a significant milestone in the company's growth trajectory.

Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today financing from Spring Lane Capital (“SLC”) for a 48 MW expansion of Soluna’s flagship behind-the-meter data center, Project Dorothy, (“Dorothy 2”) facility. SLC, a private equity firm providing hybrid project capital for sustainability solutions, has agreed to lead the financing round with a commitment of up to $30 million. SLC is also an investor in Project Dorothy 1 and supports Soluna’s efforts to accelerate the convergence of renewable energy and high-performance computing.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced financial results for the first quarter ended March 31, 2024.

Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQSLNH), a developer of green data centers for Bitcoin mining and other intensive computing announced today a collaboration with a leading global enterprise GPU-Server, original equipment manufacturer (OEM) and Artificial Intelligence (AI) infrastructure-as-a-service provider (the “Strategic Partner”).

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced its April project site-level operations, developments, and updates.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today that John Belizaire, CEO of Soluna Holdings, will be participating in the Water Tower Research Fireside Chat Series on April 23 2024, at 2:00 PM ET.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced its March project site-level operations, developments, and updates.

Soluna Holdings, Inc. (“SHI”, “Soluna” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced the appointment of John Tunison as Chief Financial Officer (CFO). As CFO, Tunison will lead Soluna’s finance and accounting activities with a specific focus on strategy and capital allocation for Soluna’s growing pipeline of data centers co-located with renewable power plants.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced financial results for the full year ended December 31, 2023.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today it has successfully completed the installation of GPUs for its co-location partnership with a GPU startup specializing in AI computing services.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today Project Dorothy 2, its 50 MW data center co-located at a wind farm in Texas, has passed the modeling phase in the ERCOT Large Flexible Load approval process. Approval in ERCOT modeling is a significant step to begin the bidding process and finalize financing for this major expansion of the Company’s flagship project.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced its February project site-level operations, developments, and updates.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today the Company entered into a fourth amendment with the convertible noteholders to reprice certain warrants that would allow the Company to raise up to $3 million. In addition, the Company will be allowed to file an at-the-market offering (ATM) with an initial floor price of $10 per share to take advantage of future financing opportunities in the equity markets.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today a groundbreaking co-location agreement with a GPU startup delivering specialized GPU services for AI computing. This strategic partnership marks a significant step forward in Soluna's mission to diversify its business into the sustainable AI arena.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced its January project site-level operations, developments, and updates.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced its January project site-level operations, developments, and updates.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today an 8.8 MW hosting contract with an industry leading Bitcoin miner at Soluna’s Project Sophie in Kentucky.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today that John Belizaire, CEO of Soluna Holdings, will be participating in the Water Tower Research Fireside Chat Series on January 18, 2024, at 11:00 am ET.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced the findings of an independent study by REsurety which concluded that Soluna’s Project Dorothy data center in Texas emits 18% less carbon emissions than a traditional, inflexible data center and can be up to 40% greener than its cryptocurrency mining peers.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced its December project site level operations as well as major project developments.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today it has completed its registration for Ancillary Services to diversify its revenue streams.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today it has come to an agreement with its noteholders to facilitate the repayment of the Notes ahead of the July 25, 2024 maturity date. The agreement with the noteholders is a vital first step as it seeks less-dilutive financing alternatives to build out Soluna’s robust project pipeline.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, reported financial results for the third quarter ended September 30, 2023.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today the formation of its new Advisory Board and the appointment of Daniel Golding, a former head of advanced engineering and data center innovation at Google. The Advisory Board has been formed to further accelerate the Company’s plan to offer its AI customers purpose-built facilities powered by renewable energy at ground breaking costs.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today that on October 30, 2023, it received a notification letter (the "Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it had regained compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rule 5550(a)(2) (the "Nasdaq Capital Market Minimum Bid Price Requirement").

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today a twelve month 4.4 MW hosting contract with Bit Digital at Soluna’s Project Sophie in Kentucky. The contract will fill capacity at the data center that is becoming available as the current customer’s contract begins to roll off in November 2023.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today detailed company and site level updates, including its record low power costs being realized in October at its Project Dorothy 1 site, and its plans to include a high performance computing and AI pilot as part of Project Dorothy 2.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), announced that it will execute a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-25. The reverse stock split was approved by the Board of Directors and by shareholders at the annual meeting of the stockholders on June 29, 2023. The reverse stock split will become effective at 5:00 p.m. Eastern Time, on October 13, 2023. The Company's common stock will begin trading on a post-split basis at the market open on October 16, 2023, under the Company's existing trading symbol "SLNH".

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), announced that it will execute a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-25. The reverse stock split was approved by the Board of Directors and by shareholders at the annual meeting of the stockholders on June 29, 2023. The reverse stock split will become effective at 5:00 p.m. Eastern Time, on October 13, 2023. The Company's common stock will begin trading on a post-split basis at the market open on October 16, 2023, under the Company's existing trading symbol "SLNH".

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today that Dip Patel, CTO of Soluna Computing, will be participating in the Water Tower Research Fireside Chat Series on October 10, 2023, at 11:00 am ET.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today it has brought Project Dorothy 1 fully online, with a focus on sustainability and enabling more renewable energy on the grid, completing construction on Project Dorothy 1B, and deploying 50 MW of Bitcoin mining machines for its hosting and proprietary businesses. This now brings Soluna to 2.6 EH/s under management.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, reported financial results for the second quarter ended June 30, 2023.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today it has made significant progress on its commercialization plan for Project Dorothy and Project Sophie, deploying more than 30 MW of equipment at Project Dorothy and bringing Project Sophie fully operational. Based on this progress, the Company is on track to achieve a significant company milestone of 2 EH/s under management. These operational milestones and improvements have resulted in a stronger cash position for the Company year over year.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today that John Belizaire, CEO of Soluna Holdings, will be participating in the Water Tower Research Fireside Chat Series on July 25, 2023, at 12:00 pm ET.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced that the Company received written notification from the Listing Qualifications Department of The Nasdaq Stock Market, LLC (“Nasdaq”), granting the Company's request for a 180-day extension to regain compliance with Nasdaq's minimum per share bid price requirement.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced an open letter to shareholders from Soluna Holdings CEO, John Beliziare.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced the execution of a 166 MW behind-the-meter term sheet with a new leading renewable energy power partner.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced the purchase of 8,250 Bitmain Antminer S19s, S19j Pro and S19j Pro+ for its Project Dorothy 1B data center in Texas. The purchase is estimated to result in 860 PH/s of hashrate with an average efficiency of 29.9 J/TH, and at a cost of $11.25 $/TH inclusive of all fees, import, and taxes.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today that it has successfully installed more than 14,600 Bitcoin mining machines at its Project Dorothy site in Texas and Project Sophie site in Kentucky. This execution for Soluna’s customers comes within months after announcing the agreements at Project Sophie and Project Dorothy. The following is a summary of the current operations and financial projections.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, reported financial results for the first quarter ended March 31, 2023.

Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQSLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today a $14 million investment partnership with Navitas Global (“Navitas”) for its Project Dorothy 1B data center in Texas.