Soluna Holdings, Inc

Soluna Holdings, Inc. develops, owns, and operates digital infrastructure designed for energy-intensive computing by colocating data centers directly with renewable power plants. The company operates across four primary business segments: Bitcoin hosting, proprietary Bitcoin mining, high-performance computing (HPC) and artificial intelligence infrastructure leasing, and grid demand response services. Its computing facilities are managed using MaestroOS, a proprietary software platform that continuously optimizes energy consumption and facility performance based on market and grid conditions. Soluna primarily serves hyperscale Bitcoin mining operators, grid operators and utilities, and targets hyperscalers, neoclouds, and enterprise customers for its emerging HPC offerings.

The company operates approximately 123 megawatts of active capacity across two sites in Murray, Kentucky, and Silverton, Texas. In addition, it has 83 megawatts under construction and an extensive project development pipeline spanning several locations, primarily across Texas. As of late 2025, Soluna employs 55 individuals across operations, engineering, and corporate functions. The company is headquartered in Albany, New York.

Summary of the business section of Soluna's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of March 7, 2024, we had 40 employees, including 34 full-time employees, 2 part-time employees, 1 intern, 1 temporary employee and 2 full-time consultants.”