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.

Earnings data Q4 2021

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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 cryptocurrency mining and other intensive computing, reported financial results for the third quarter ended September 30, 2022.

Soluna Holdings, Inc. Announces Q3 2022 Earnings

Soluna Holdings Announces September Site Level Financials

Soluna Holdings, Inc. Announces Pricing of $2 million Underwritten Public Offering of Common Stock

Soluna Holdings, Inc. Announces Proposed Public Offering of Common Stock

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, today announced the release of its August site level financials. Michael Toporek, CEO of Soluna Holdings, stated, “Soluna continues to deliver healthy hashrate and margins despite low BTC prices and energy market volatility. Near term, we are focused on energ

Soluna Holdings Announces August Site Level Financials

ALBANY, NY, Sept. 13, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – 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, today announced that it has entered into a further amendment to its convertible notes (the “Notes”) which were issued on October 25, 2021.

Soluna Holdings, Inc. Extends Maturity Date of October Notes to April 2023

ALBANY, NY, Sept. 09, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), formerly Mechanical Technology, Inc., the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for cryptocurrency mining and other intensive computing, today announced that its Board of Directors has declared the regular monthly cash dividend on its shares of 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share (the “Series A Preferred Stock”) for the month ended September 30, 2022. The dividend will be payable on or about September 30, 2022, to holders of the Series A Preferred Stock of record as of the close of business on September 19, 2022 at a rate of $0.1875 per share. Future dividends on the Series A Preferred Stock will be payable when, as and if declared by the Board of Directors monthly in arrears on the final day of each month or the next business day at an annual rate of 9.0% of the $25.00 liquidation preference per share.

Soluna Holdings, Inc. Announces Monthly Dividend for Series A Preferred Stock

ALBANY, NY, Sept. 09, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Soluna Holdings, Inc. (“SLNH” or “Soluna Holdings”), (NASDAQ: SLNH), today announced that its subsidiary, Soluna Computing, Inc. (“SCI” or “Soluna Computing”), has renewed and extended a 10MW hosting contract with its customer at its Project Marie site in Kentucky.

Soluna Renews Project Marie Hosting Contract

ALBANY, NY, Sept. 07, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Soluna Holdings, Inc. (SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for cryptocurrency mining and other intensive computing, today announced that Michael Toporek, CEO of Soluna Holdings, will present at the H.C. Wainwright Annual Global Investment Conference.

Soluna Holdings, Inc. to Present at the H.C. Wainwright Annual Global Investment Conference

ALBANY, NY, Sept. 01, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Soluna Holdings, Inc. (“SHI”, “Soluna” 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, today posted on its website responses to certain Frequently Asked Questions (FAQ) by Soluna CEO Michael Toporek. The FAQ is part of the Company's ongoing “ Ask Me Anything” (AMA) series  and highlights topics requested from current and potential investors. Toporek said, “Over the past two weeks we received questions we want to address for current and potential investors. In remaining consistent with one of our core values of being transparent, we want to publicly share our answers to those questions, as we've done in prior AMAs/FAQs. We are extremely grateful for the questions, and excited to continue on our shared journey of making renewable energy a superpower through the use of wasted energy to power our data centers.”

Soluna CEO Michael Toporek Answers Investors' Frequently Asked Questions

SLNH looks like seller exhaustion occurred last week. The earnings report wasn't pretty, but one-time factors influenced the miss.

Soluna Holdings: Buy As The Bulls Capitulate

ALBANY, NY, Aug. 18, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire --  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, today announced the release of its July site level financials.

Soluna Holdings Announces July Site Level Financials

ALBANY, NY, Aug. 15, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – 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, today announced the release of its second quarter results.

Soluna Holdings, Inc. Reports Second Quarter Results

Albany, New York--(Newsfile Corp. - August 12, 2022) - Soluna Holdings, Inc. (NASDAQ: SLNH) today announced that Michael Toporek, CEO of Soluna Holdings will be attending the Q3 Virtual Investor Summit. Soluna Holdings, Inc. is the leading developer of green, modular, scalable data centers for computing-intensive, batchable applications such as cryptocurrency mining, AI, and machine learning, powered by wasted renewable energy. ﻿ Event: Q3 Investor Summit Date: August 16 & 17th, 2022

Soluna Holdings, Inc. to Present at Investor Summit Group's Q3 Virtual Conference

ALBANY, NY, Aug. 11, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire  – 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, today announced the initial funding of up to $12.5 million from funds managed by Spring Lane Capital, a private equity firm focused on hybrid project capital for sustainability solutions in the energy, food, water, waste and transportation industries. The funding is the first of the up to $35 million in project financing committed by funds managed by Spring Lane Capital, originally announced on May 12, 2022. The proceeds will fund the development of the initial 50 MW phase of our development project in Texas, known as the Dorothy project, a 100 MW data center being built in phases.

Soluna Holdings, Inc. Announces Initial Funding from Spring Lane Capital

ALBANY, NY, July 20, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – 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, today announced two recent financing developments that serve to increase capital structure flexibility and fund the Company's near-term growth pipeline.  The developments, which involved several longstanding investors in the Company, are intended to enable the Company to continue to execute on its business plan notwithstanding the current market volatility including drawing down an initial tranche of the previously announced project financing from funds managed by Spring Lane Capital for Dorothy 1 in the coming weeks.

Soluna Holdings, Inc. Announces Series B Convertible Preferred Financing and Amendment to Convertible Note

Despite Continued BTC Price Decreases in June, Soluna Continues to Grow Hashrate and Intends to Invest through the Cycle

Soluna Holdings Announces June Site Level Financials

ALBANY, NY, July 05, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire -- Soluna Computing, Inc. (“SCI” or the “Company”), a subsidiary of Soluna Holdings, Inc. (SLNH), (NASDAQ: SLNH), and a developer of green data centers for cryptocurrency mining and other intensive computing, has engaged Truist Securities to assist with the company's growing pipeline of data center project opportunities.

Soluna Computing Engages Truist Securities as Pipeline Growth Accelerates

Despite BTC Price Decreases, Soluna Meets Margin Expectations and Grows Hashrate

Soluna Holdings Announces May Site Level Financials

Soluna has numerous advantages that will enable them to thrive no matter what happens in the bitcoin market. They are actually delivering on their explosive growth plans.

Soluna: Delivering Green Bitcoin Mining

ALBANY, NY, June 09, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire -- Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), formerly Mechanical Technology, Inc., the parent company of Soluna Computing, Inc. (“SCI”), a cryptocurrency mining business powered by renewable energy, today announced that its Board of Directors has declared the regular monthly cash dividend on its shares of 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share (the “Series A Preferred Stock”) for the month ended June 30, 2022. The dividend will be payable on or about June 30, 2022, to holders of the Series A Preferred Stock of record as of the close of business on June 19, 2022 at a rate of $0.1875 per share. Future dividends on the Series A Preferred Stock will be payable when, as and if declared by the Board of Directors monthly in arrears on the final day of each month or the next business day at an annual rate of 9.0%of the $25.00 liquidation preference per share.

Soluna Holdings, Inc. Announces  Monthly Dividend for Series A Preferred Stock

ALBANY, NY, May 24, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – 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, today announced that it closed an over-allotment offering for the issuance and sale of an additional 73,518 shares (the “Option Shares”) of its 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share (“Series A Preferred Stock”), to the underwriters for its previously announced public offering of Series A Preferred Stock that closed on April 29, 2022.

Soluna Holdings, Inc. Announces Closing of $1.29 Million Public Offering of Series A Preferred Stock from Exercise of Over-Allotment Option

On Track to Achieve 1.26 EH/s by June 30 th ; Reiterates 3EH/s Ramp into the Fourth Quarter

Soluna Holdings Announces April Site Level Financials

NEW YORK, NY, April 29, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire --  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, announced today the closing of its underwritten public offering of 525,714 shares of its 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share, with a $25.00 liquidation preference per share (the “Series A Preferred Stock”), at a public offering price of $17.50 per share. In addition, the Company also announced the closing of its concurrent registered direct offering to certain institutional lenders of 1,142,857 shares of Series A Preferred Stock, at an offering price of $17.50 per share, the same price as the public offering price of the shares of Series A Preferred Stock in the underwritten public offering.

Soluna Holdings, Inc. Announces Closing of $29.2 Million Underwritten Public Offering of Series A Preferred Stock and Concurrent Registered Direct Offering

NEW YORK, NY, April 27, 2022 (GLOBE NEWSWIRE) -- via  NewMediaWire -- 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, announced today the pricing of its underwritten public offering of 525,714 shares of its 9.0% Series A Cumulative Perpetual Preferred Stock, par value $0.001 per share, with a $25.00 liquidation preference per share (the “Series A Preferred Stock”), at a price to the public at $17.50 per share. In addition, the Company today announced the pricing of its concurrent registered direct offering to certain institutional lenders by means of a separate prospectus supplement, of 1,142,857 shares of Series A Preferred Stock, at an offering price of $17.50 per share, the same price as the public offering price of the shares of Series A Preferred Stock in the underwritten public offering.

Soluna Holdings, Inc. Announces Pricing of $29.2 million Underwritten Public Offering of Series A Preferred Stock and Concurrent Registered Direct Offering

News for Soluna Holdings, Inc. Stock (SLNH)