Soluna Holdings, Inc.

Soluna Holdings, Inc. engages in the design, manufacture, and sale of test and measurement instruments and systems that use an array of technologies to solve complex, real-world applications in numerous industries including manufacturing, electronics, semiconductor, solar, commercial and military aviation, automotive, and data storage. It also develops cryptocurrency mining facilities powered by renewable energy that integrate with the blockchain network. The firm operates through the following segments: Cryptocurrency Mining and Data Center Hosting. The Cryptocurrency Mining segment generates revenue from its mining activities. The Data Center Hosting segment operates a data center from the company's computing facility in Calvert City, Kentucky. The company was founded in 1961 and is headquartered in Albany, NY.

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ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today a 20 MW hosting agreement at the Company's Project Dorothy 1A data center in Texas. This now fills Project Dorothy 1A with 25 MW of hosting contracts. John Belizaire, CEO of Soluna Holdings, commented, “With the addition of our new strategic hosting.

Soluna's Project Dorothy 1A Reaches 25 MW Capacity with New Strategic Hosting Deal

ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today the Soluna Board of Directors has voted in favor of John Belizaire becoming CEO of Soluna Holdings, Inc. in addition to his role as CEO of Soluna Computing, Inc. This appointment executes on the contents of the press release from Soluna March 20, 202.

Soluna Board of Directors Unanimously Votes John Belizaire as CEO of Soluna Holdings

ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, has made the recording available for the April 27th, 2023 Water Tower Research Fireside Chat with John Belizaire, CEO of Soluna Computing, and incoming CEO of Soluna Holdings. The following topics were discussed: Project Dorothy 1A and 1B hosting, proprietary mining.

Soluna Computing CEO John Belizaire Participates in the Water Tower Research Fireside Chat Series

ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today a 5 MW hosting contract with Compass Mining (“Compass”) at its Project Dorothy data center in Texas. Compass Mining is the world's first and largest online marketplace for Bitcoin mining hardware and hosting. Through its network of partners with mini.

Soluna Expands Hosting Business and Strikes Deal With Compass Mining at Project Dorothy

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced an agreement with the holders of its convertible notes to extend the maturity of the notes to May 25, 2023 while they negotiate the terms of a longer term extension. The long term extension discussions are currently under way and the Company will make an a.

Soluna Holdings, Inc. Extends Maturity of Convertible Notes

ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today it has obtained final approval from ERCOT to energize Project Dorothy, its flagship data center in Texas, effective immediately.

ERCOT Grants Soluna Green Light to Energize Project Dorothy Data Center

ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today that it has accepted the resignation of its Chief Financial Officer, Philip Patman Jr., effective April 21, 2023. Mr. Patman is leaving to accept a similar position in his hometown of Houston, Texas.

Soluna Announces Resignation of Chief Financial Officer

ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today a 25 MW hosting contract with an industry leading Bitcoin miner at Soluna's Project Sophie in Kentucky.

Soluna Inks 25 MW Hosting Deal with Leading Bitcoin Miner

ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced final completion of its interconnection construction at the first phase of Project Dorothy, its flagship project in Texas.

Interconnection Completed at Soluna's Project Dorothy

Soluna Holdings, Inc. (NASDAQ: SLNH) announced that the final phase of its substation interconnection work has begun, which is expected to be done by the end of March 2023. The post Soluna Holdings Reveals Project Dorothy's Energization is Imminent appeared first on Pulse 2.0.

Soluna Holdings Reveals Project Dorothy's Energization is Imminent

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today that the final phase of its substation interconnection work has begun, which is expected to be completed by the end of March, 2023. Following the completion of the substation work, final testing on all power infrastructure will commence.

Project Dorothy Energization Imminent

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today that John Belizaire will be promoted to CEO of Soluna Holdings, Inc. in addition to his role as CEO of Soluna Computing, Inc. Belizaire is one of the founders of Soluna Computing, Inc. prior to its acquisition by Mechanical Technology, Inc.

Soluna Holdings to Appoint John Belizaire as CEO

ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today that its Convertible Noteholders have waived defaults as part of the March 10, 2023 closing of the $7.5 million financing for Project Dorothy.

Soluna Back in Good Standing with all Convertible Noteholders

ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today that it completed the final tranche of a series of project-level agreements for $7.5 million of fresh capital to fund the Dorothy project and corporate expenses from funds managed by Spring Lane Capital (“SLC”). On February 10, 2023, $1.

Spring Lane Increases Project Dorothy Stake in Exchange for a Total of $7.5 Million

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today that it has signed definitive agreements with key project and regulatory parties for its Texas-based Project Dorothy. These milestone agreements allow the project to complete its substation interconnect by March 24th.

Soluna Set to Energize Texas Project and Executes Power Purchase Agreements

ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced today that it has exited its Project Marie facility in Kentucky.

Soluna Sharpens Focus on Project Dorothy, Energization and Grid Connection Imminent

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, has draw-down $1.186 million as part of an agreement with certain strategic parties announced in late January to raise sufficient capital to energize the first 50 MW phase of Project Dorothy. This funding did not involve the sale of the Company's equity.

Soluna Closes Project-level Funding to Connect Project Dorothy to the Texas Grid

ALBANY, N.Y.--( BUSINESS WIRE )--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing has announced Project Dorothy, its 50 MW flagship green data center co-located at a wind farm in Texas, has passed the modeling phase in the ERCOT Large Flexible Load approval process. This moves the project into the operations phase and paves the way for Soluna to work with the regulatory authorities and key partners to set an energization date.

Soluna Set to Ramp Revenue – Approved for Final Phase to Energize Project Dorothy

ALBANY, N.Y.--( BUSINESS WIRE )--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing has reached an understanding with certain strategic parties and executed a non-binding Letter of Intent to raise sufficient capital to energize Dorothy 1A and 1B. Should the transactions close as contemplated, they would not require the Company to issue equity.

Soluna Steps Closer to Project Dorothy Revenue

ALBANY, N.Y.--( BUSINESS WIRE )--Soluna Holdings, Inc. (“SHI” or the “Company”) (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced Project Dorothy, its 50 MW flagship green data center project in Texas, has successfully exited the planning phase of the ERCOT Large Flexible Load approval process. The project has now moved into the modeling phase, clearing all major technical studies. This key regulatory milestone paves the way for a Production Load Forecast Date of approximately February 8, 2023, which is the earliest date Soluna understands ERCOT would permit the energization of the facility.

Soluna Receives Green Light from Regulator for Flagship Texas Data Center

ALBANY, N.Y.--( BUSINESS WIRE )--Soluna Holdings, Inc. (“SHI” or the “Company”) (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, today announced the release of its October site level financials.

Soluna Holdings, Inc. Announces October Site Level Financials

ALBANY, N.Y.--( BUSINESS WIRE )--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing is providing the following corporate update.

Soluna Holdings, Inc. Provides Corporate Update

ALBANY, N.Y.--( BUSINESS WIRE )--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, announced it has entered into a Securities Purchase Agreement, with an initial purchase amount of $855,000 of common stock and five-year warrants to purchase common stock, with certain existing investors of the Company, including investors who have previously funded the Company's convertible note transaction. The warrants are immediately exercisable and have an exercise price of $0.76 per share, for a potential aggregate exercise price of up to $1,710,000, if the warrants are exercised for cash in full.

Soluna Holdings, Inc Announces Registered Direct Offering

ALBANY, N.Y.--( BUSINESS WIRE )--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing, has released a recording and transcript of John Belizaire, CEO of Soluna Computing, participating in the Water Tower Research Fireside Chat Series.

Soluna Participates in Water Tower Research Fireside Chat Series

ALBANY, N.Y.--( BUSINESS WIRE )--Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for cryptocurrency mining and other intensive computing, reported financial results for the third quarter ended September 30, 2022.

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