Latest news with #SolunaHoldings
Business Wire
22-05-2025
- Business
- Business Wire
Soluna to Launch First Solar-Powered Data Center With 75 MW Project
BUSINESS WIRE)--Soluna Holdings, Inc. ('Soluna' or the 'Company'), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced today that it has signed a term sheet for power for Project Annie, a new 75 MW data center co-located with a 114 MW solar farm in northeast Texas. Project Annie marks Soluna's first solar-powered deployment, representing a strategic expansion of the Company's modular computing platform into solar-rich markets. Developed in partnership with a leading U.S. renewable energy operator, the project is designed to convert underutilized solar energy to high performance computing. It underscores Soluna's mission to transform excess renewable power into scalable, cost-effective digital infrastructure. 'Project Annie is a game-changer,' said John Belizaire, CEO of Soluna. 'It's our first project tapping solar energy, and it paves the way for sustainable computing that works in harmony with the sun. We're proud to honor Annie Easley, a computing and energy pioneer, with a project that merges both worlds.' With Project Annie, Soluna continues to grow its development pipeline, which now exceeds 773 MW across wind, grid, and solar-powered computing projects. The company will now focus on completing definitive power purchase agreements, land agreements, and ERCOT planning for Project Annie. As part of Soluna's tradition of naming projects after women pioneers in science and technology, Project Annie honors Annie Easley, one of the first African American computer scientists and mathematicians at NASA who made critical contributions to rocket systems and energy technologies. For more information, visit Soluna's glossary of terms can be found here. 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 can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'confident' and similar statements. Other examples of forward-looking statements may include, but are not limited to, statements of Soluna's plans and objectives, including with respect to the development of Project Annie and our expectations with respect to the amount of renewable energy Project Annie will deliver. 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 and follow us on: 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.
Business Wire
22-04-2025
- Business
- Business Wire
Soluna Signs Deal with Blockware at Project Dorothy 2, Expanding Bitcoin Hosting Business
BUSINESS WIRE)--Soluna Holdings, Inc. ('Soluna' or the 'Company'), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced today that it has signed a two-year hosting agreement with Blockware, one of North America's leading crypto mining infrastructure and services providers. Under the terms of the agreement, Blockware will deploy approximately 1,500 of its next-generation S21+ mining units at Soluna's Project Dorothy 2 data center in Texas. The deployment, targeting an initial deployment of 5 megawatts (MW), began on April 21, 2025, with operations expected to fully ramp up by June 1, 2025. Blockware anticipates deploying 250 PH/s to 350 PH/s at the site. 'We're thrilled to welcome Blockware to Project Dorothy 2,' said John Belizaire, CEO of Soluna Holdings. 'This new partnership underscores the value of our renewable-powered data centers for Bitcoin mining. It also strengthens our pipeline of stable, high-quality customers who align with our vision for renewable computing.' At Project Dorothy 2, Soluna offers Blockware a competitively priced, sustainable hosting environment uniquely suited to dynamic power markets. As part of the agreement, Soluna will provide full-stack infrastructure support, maintenance, and data center operations, including power management, internet connectivity, and on-site security. 'This partnership with Soluna advances Blockware's mission to bring more hashrate to the United States' said Mason Jappa, CEO of Blockware. 'Bitcoin mining is one of the most important industries of the 21st century, and we are committed to partnering with the best operators in the industry to deliver world-class hosting solutions and access to low-cost power.' Blockware's deployment at Project Dorothy 2 represents another milestone in Soluna's commitment to building out renewable-powered infrastructure for energy-intensive computing workloads. 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, and other statements that are predictive in nature. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'confident,' and similar statements. Soluna Holdings, Inc. may also make written or oral forward-looking statements in its periodic reports to the 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 Holdings, Inc. 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 and follow us on: 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. About Blockware Blockware is a leading Bitcoin mining infrastructure and services provider, evolving from a mining hardware brokerage to a comprehensive Mining-as-a-Service platform. With billions in hardware transactions and a trusted mining community, Blockware offers U.S.-based infrastructure that delivers premier hosting solutions, liquidity, and operational tools to optimize transparency, efficiency, and profitability. Their innovative Bitcoin-native Marketplace is transforming the way miners buy and sell hardware, hashrate, and energy contracts, providing just-in-time liquidity and driving the future of decentralized, transparent, and efficient mining.
Yahoo
02-04-2025
- Business
- Yahoo
Soluna Holdings Full Year 2024 Earnings: US$10.08 loss per share (vs US$27.79 loss in FY 2023)
Revenue: US$38.0m (up 81% from FY 2023). Net loss: US$63.3m (loss widened by 74% from FY 2023). US$10.08 loss per share. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Soluna Holdings shares are down 40% from a week ago. Be aware that Soluna Holdings is showing 5 warning signs in our investment analysis that you should know about... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
