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Soluna Holdings Announces Q1 Revenue and Project Updates

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Soluna Holdings Announces Q1 Revenue and Project Updates

Confident Investing Starts Here:

Soluna Holdings ( (SLNH) ) has shared an announcement.

On June 5, 2025, Soluna Holdings announced several updates regarding its operations and projects. The company reported a Q1 revenue of $5.9 million and is developing 220MW of new projects. Soluna has begun customer deployments at Project Dorothy 2 and achieved a record 1.0 EH/s at Project Sophie. The company is also expanding its development pipeline with a new solar-powered data center, Project Annie, and continues to receive positive feedback from the market for its Bitcoin Hosting services.

Spark’s Take on SLNH Stock

According to Spark, TipRanks’ AI Analyst, SLNH is a Neutral.

The overall stock score is primarily impacted by Soluna’s poor financial performance and negative valuation metrics, which present high risks. Although technical analysis shows mixed signals and corporate events indicate strategic growth, the financial instability substantially affects the outlook.

To see Spark’s full report on SLNH stock, click here.

More about Soluna Holdings

Soluna Holdings, Inc. is a developer of green data centers for intensive computing applications such as Bitcoin mining and AI. The company aims to transform surplus renewable energy into global computing resources by co-locating its data centers with wind, solar, or hydroelectric power plants. Soluna’s proprietary software, MaestroOS, supports a greener grid and offers sustainable computing solutions.

Average Trading Volume: 412,367

Technical Sentiment Signal: Sell

Current Market Cap: $8.74M

See more insights into SLNH stock on TipRanks’ Stock Analysis page.

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