New York, March 07, 2024 - PRISM MarketView - Today the leading developer of green data centers, Soluna Holdings, (SLNH) provided a business update and its monthly operating metrics for February. One of its highlights mentions they have begun making preparations at Project Sophie, its first AI hosting deal. Other notable highlights include a new noteholder amendment that will increase fundraising flexibility and reinforce the balance sheet, Project Dorothy 1B had a strong month due to positive weather conditions and Project Kati is in the final stages of the commercial agreement on PPA. Shares of SLNH are currently trading up ~13% and the company is one of the top performers today in the PRISM NextGen Tech and AI Index.
Soluna Announces Monthly Business Update
ALBANY, N.Y., March 07, 2024--Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ: SLNH), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced its February project site-level operations, developments, and updates.
Read More
PRISM NextGen Tech and AI Index
Soluna Holdings, Inc. stands at the forefront of developing eco-friendly data centers, transforming surplus renewable energy into valuable global computing resources. Through its modular and scalable approach, Soluna constructs data centers optimized for intensive computational tasks like Bitcoin mining, AI, and machine learning. Offering a cost-efficient solution, Soluna replaces traditional methods such as battery storage or transmission lines. Leveraging innovative technology and deliberate design, Soluna addresses intricate real-world challenges effectively. With up to 30% of renewable energy potential going untapped, Soluna’s data centers empower owners of clean electricity assets to maximize their resources by enabling them to ‘Sell. Every. Megawatt.’
DISCLAIMER: This communication was produced by Prism MarketView, an affiliate of PCG Advisory Inc., (together “PCG”). PCG is an integrated investor relations, communications and strategic advisory firm. The information contained on this is ‘Paid Advertising’ for purposes of Section 17(b) of the Securities Act of 1933, as amended (together with the rules and regulations there under, the “Securities Act”). “PCG” and its affiliates are compensated by respective clients for publicizing information relating to its client’s securities. For more information in terms of compensation received for services provided by PCG, see the pertinent advertising materials relating to the respective client. By accessing this Site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy.
About PRISM MarketView:
Established in 2020, PRISM MarketView is dedicated to the monitoring and analysis of small cap stocks in burgeoning sectors. We deliver up-to-the-minute financial market news, provide comprehensive investor tools and foster a dynamic investor community. Central to our offerings are proprietary indexes that observe emerging sectors, including biotech, clean energy, next-generation tech, medical devices and beyond. Visit us at prismmarketview.com and follow us on Twitter.
Disclaimer:
PRISM MarketView is not a registered or licensed broker-dealer or investment adviser and does not offer investment advice. The information provided in this communication is not intended to constitute an offer to sell, a solicitation of an offer to buy, or a recommendation for any security.
Contact:
Prism MarketView | Stock Market News & Investment Opportunities
PRISM MarketView - Social Media (X)