SLNH

Soluna Holdings Inc
NASDAQFINANCIAL SERVICESCAPITAL MARKETS

Key Statistics

Market Cap
$293.51M
P/E Ratio
EPS
$-0.69
Beta
5.09
52W High
$5.14
52W Low
$0.50
50-Day MA
$1.22
200-Day MA
$1.30
Dividend Yield
Profit Margin
-182.20%
Forward P/E
PEG Ratio

About Soluna Holdings Inc

Soluna Holdings Inc. is a trailblazer at the intersection of renewable energy and blockchain technology, dedicated to converting surplus clean energy into a sustainable power source for cryptocurrency mining and high-performance computing. The company’s unique approach not only enhances operational efficiency but also tackles the environmental impact of the energy-intensive digital asset sector. With a strong alignment to the increasing global focus on sustainability and digital innovation, Soluna is well-positioned for robust revenue growth, presenting institutional investors with an attractive opportunity to participate in the evolving landscapes of renewable energy and technological advancement.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$42.08M
Gross Profit (TTM)$24.63M
EBITDA$-34.44M
Operating Margin-112.00%
Return on Equity-68.40%
Return on Assets-17.30%
Revenue/Share (TTM)$0.54
Book Value$0.70
Price-to-Book1.85
Price-to-Sales (TTM)6.98
EV/Revenue5.16
EV/EBITDA-0.63
Quarterly Earnings Growth (YoY)0.00%
Quarterly Revenue Growth (YoY)144.60%
Shares Outstanding$244.59M
Float$186.45M
% Insiders22.95%
% Institutions20.54%

Historical Volatility

HV 10-Day
89.13%
HV 20-Day
85.32%
HV 30-Day
84.63%
HV 60-Day
97.96%
HV Rank

Volatility is currently expanding

Analyst Ratings

Consensus ($4.00 target)
1
Buy

Latest News

Soluna and Bitdeer Enter 28 MW Agreement at Project Kati 1

ALBANY, N.Y.--(BUSINESS WIRE)--Soluna Holdings, Inc. ("Soluna" or the "Company") (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including AI and Bitcoin mining, today announced that one of its subsidiaries has entered into an agreement with Dory Creek, LLC, a wholly owned subsidiary of Bitdeer Technologies Group ("Bitdeer") (NASDAQ: BTDR), a world-leading technology company for AI and Bitcoin mining infrastructure. Under the agreement, Bitdeer will deplo.

Business Wire8/25/2026Neutral
Soluna Closes Purchase of 397 Acres for Project Dorothy 3

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“Soluna” or the “Company”) (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including AI and Bitcoin mining, today announced it has closed the purchase of 397 acres in Briscoe County, Texas. The land will host Project Dorothy 3, Soluna's planned renewable-first AI computing campus with a potential capacity of up to 300 MW. The parcel sits adjacent to Projects Dorothy 1 and 2 and to the 150 MW Briscoe Wi.

Business Wire8/24/2026Neutral
Soluna Holdings: The $1.3B Question Remains Unanswered

Soluna Holdings, Inc. is transitioning from Bitcoin mining to AI data center hosting, but market focus has shifted to its ability to finance growth without excessive dilution. Q2 2026 revenue surged 145% to $15.06M, yet gross profit declined and share count more than doubled due to aggressive equity financing, highlighting dilution risk. Execution hinges on securing a definitive lease and project-level debt (targeting 70-80%) for Kati 2; failure could force further equity issuance and undermine valuation.

Seeking Alpha8/18/2026Negative
Soluna Q2 Earnings Call Highlights

Soluna NASDAQ: SLNH reported second-quarter 2026 revenue of $15.1 million, up 145% from a year earlier, as its hosting operations expanded and additional sites ramped. The company said the quarter marked its fifth consecutive period of sequential revenue growth, while it continued to build its renewable-powered data center pipeline for AI and high-performance computing workloads.

MarketBeat8/14/2026Neutral
Soluna Reports Q2'26 Results; Revenue Grows 145% Year-Over-Year

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--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 its financial results for the second quarter ended June 30, 2026. "This is Soluna's fifth consecutive quarter of sequential revenue growth, and a 145% year-over-year increase that reflects the operating leverage we are building across the portfolio," said John Belizaire, CEO of Soluna H.

Business Wire8/13/2026Neutral
Soluna Announces Date of Second Quarter 2026 Earnings Call

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“Soluna”) (Nasdaq: SLNH), a developer of green data centers for intensive computing applications, including AI and Bitcoin mining, today announced it will release its second quarter 2026 financial results on Thursday, August 13, 2026, and host a conference call and webcast beginning at 5:00 PM ET. Conference Call and Webcast Details Date: Thursday, August 13, 2026 Time: 5:00 PM ET Webcast link: Register here Phone Dial-In with Live Q&A:.

Business Wire7/30/2026Neutral
Soluna Holdings: The Business Has Changed, The Valuation Hasn't

Soluna is transitioning from Bitcoin mining to a power-backed hosting provider, with 71% of Q1 revenue now from hosting. SLNH's ownership of energized power assets like Dorothy 1A and Briscoe Wind Farm provides a rare, strategic advantage for rapid AI/HPC hosting expansion. The market continues to value Soluna like a miner, overlooking the operating leverage and potential upside if Kati 2 secures a definitive lease.

Seeking Alpha7/28/2026Positive
Soluna Appoints Microsoft Hyperscale Executive Ryan Carver to Lead Soluna's AI

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--Soluna Holdings, Inc. (“Soluna” or the “Company”) (Nasdaq: SLNH), a developer of green data centers for intensive computing applications, including AI and Bitcoin mining, today announced it has appointed Ryan Carver as Chief Development Officer (CDO), effective immediately. Carver will be responsible for the full lifecycle of Soluna's AI/HPC data center platform, from site origination and power procurement through design, construction, commissioning, and ongoing o.

Business Wire7/16/2026Neutral
Soluna Announces Monthly Business Update

ALBANY, N.Y.--(BUSINESS WIRE)---- $SLNH #SLNH--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 its May 2026 project site-level operations, developments, and updates. The Company has provided the following Corporate and Site Updates. Key Company Metrics: The monthly metrics are now available here. Corporate Highlights: Q1 2026 Earnings: Revenue Up 58% Year-Over-Year, Fourth Consec.

Business Wire6/9/2026Neutral

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Data last updated: 9/7/2026