Streetbeat News

SLNH

Soluna Holdings, Inc.

https://www.solunacomputing.com

Industry

Hardware, Equipment & Parts

Soluna Holdings, Inc. builds and develops modular data centers for cryptocurrency mining. It also operates in the blockchain business. The company is headquartered in Albany, New York.

Open

2.92

Mkt cap

22M

Volume

479K

High

2.97

P/E Ratio

-0.30

52-wk high

8.80

Low

2.65

Div yield

N/A

52-wk low

1.40

Soluna Holdings, Inc. (NASDAQ: SLNH) has successfully completed the final conversion and payoff of its outstanding convertible notes, eliminating this debt from its balance sheet. This was achieved through a one-time reprice of the conversion price.

Portfolio Pulse from

December 13, 2024 | 1:00 pm

Soluna Holdings, Inc. reported its Q3 2024 financial results, highlighting the launch of its Soluna Cloud AI business and a strategic partnership with Hewlett. The company focuses on green data centers for Bitcoin mining and AI.

Portfolio Pulse from

November 15, 2024 | 1:15 pm

Several information technology stocks experienced significant price movements during Wednesday's intraday session. Notable gainers included Zapata Computing Holdings, Phunware, and D-Wave Quantum, while Veritone, SolarEdge Technologies, and Enphase Energy were among the biggest losers. Enphase Energy's decline followed the release of its Q3 earnings.

Portfolio Pulse from Benzinga Insights

October 23, 2024 | 4:30 pm

Software companies' shares are trading higher, potentially due to market strength driven by NVIDIA and UnitedHealth Group.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 5:28 pm

The article highlights the intraday movements of several information technology stocks on Wednesday. Notable gainers include Saiheat, Arqit Quantum, Luna Innovations, Alarum Technologies, BIT Mining, and Soluna Holdings. On the losing side, Silvaco Group, Penguin Solutions, Zapata Computing Holdings, X3 Holdings, Wellchange Holdings, and Orangekloud Technology experienced declines.

Portfolio Pulse from Benzinga Insights

October 16, 2024 | 4:30 pm

Soluna Holdings has filed a prospectus with the SEC for the sale of up to 22.3 million shares of common stock by selling holders.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 4:54 pm

Soluna Holdings, Inc. (NASDAQ:SLNH) announced a significant expansion in its renewable energy capacity for AI and Bitcoin mining through a new term sheet for Project Rosa, adding 187 MW. The company also provided updates on various projects, including Project Dorothy and Project Sophie, highlighting advancements in infrastructure and operations.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:12 pm

Soluna has reached significant milestones to access a $25 million growth capital line, allowing for the prepayment of convertible notes and the expansion of its AI data center. The company has amended agreements with its Series B preferred stockholder to utilize a standby equity purchase agreement with Yorkville Advisors.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 12:06 pm

In Thursday's pre-market session, several information technology stocks experienced significant price movements. Notable gainers included AMTD Digital, MicroAlgo, and Movano, while Unusual Machines, MicroCloud Hologram, and MMTEC were among the losers.

Portfolio Pulse from Benzinga Insights

October 03, 2024 | 12:06 pm

Technology sector shares are rising following Micron's strong earnings report.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 7:57 pm

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