Soluna Holdings: Bridging Renewable Energy And AI Compute Demand

2025-11-18 00:15:50 ET

Soluna Holdings, Inc. ( SLNH ), a digital infrastructure developer that leverages surplus renewable energy, has spent the last year cutting costs, financing expansion, and positioning itself to cater to data center and AI clients. Since the April 2024 Bitcoin “halving,” which reduced mining rewards by 50% per compute unit, the company’s BTC mining business was destined to face hardship. Despite short-term headwinds and steep YoY revenue pressure, the company has managed to maintain its flexibility and expand gross margin from 19% in Q2 to 28% in Q3 ....

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