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

0.97

Mkt cap

10M

Volume

189K

High

1.03

P/E Ratio

-0.10

52-wk high

8.80

Low

0.89

Div yield

N/A

52-wk low

0.85

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September 19, 2024 | 5:53 pm

Soluna Holdings has signed a term sheet with a renewable energy leader to develop a new data center project. This partnership aims to leverage renewable energy for data center operations, potentially enhancing Soluna's market position in sustainable technology solutions.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 7:16 pm

Soluna Holdings, Inc. has signed term sheets for Project Rosa, a new 187 MW data center co-located with a 240 MW wind farm in Texas, enhancing its capacity for AI and Bitcoin mining using renewable energy.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 12:15 pm

Soluna Holdings, Inc. shares are trading lower following the announcement of a $25 million standby equity purchase agreement with Yorkville Advisors Global. This agreement may lead to dilution concerns among investors.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 6:15 pm

Soluna Holdings, Inc. has entered into a $25 million Standby Equity Purchase Agreement with Yorkville Advisors Global. The initial $10 million draw will be used to repay convertible notes and fund data center projects.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 12:18 pm

Software companies' shares are declining due to overall market weakness, influenced by August's ISM Manufacturing PMI data indicating economic contraction.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 6:51 pm

Soluna Holdings, Inc. recently held a groundbreaking ceremony for its Project Dorothy 2 on August 28. This event marks a significant step in the company's expansion efforts.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:18 pm

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