Soluna Holdings Expands Partnership with Compass Mining

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

On June 24, 2025, Soluna Holdings announced the renewal and expansion of its partnership with Compass Mining, involving a contract renewal at Project Dorothy 1 and a significant expansion into Project Dorothy 2. This expansion will result in a total deployment of approximately 13 megawatts of computing capacity across the two sites. The move underscores Soluna’s commitment to leveraging excess wind energy in West Texas and reflects the trust and strategic alignment between Soluna and Compass Mining, enhancing their industry positioning and operational capacity.

Spark’s Take on SLNH Stock

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

Soluna Holdings faces substantial financial and technical challenges, reflected in its low stock score. While recent corporate developments offer some optimism, the overall outlook is overshadowed by negative financial performance and valuation concerns. The Nasdaq delisting warning adds further risk.

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 designed for intensive computing applications, including Bitcoin mining and AI. The company focuses on transforming 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, enhances the efficiency of these operations, contributing to a greener grid while providing sustainable and cost-effective computing solutions.

Average Trading Volume: 538,569

Technical Sentiment Signal: Sell

Current Market Cap: $10.18M

For detailed information about SLNH stock, go to TipRanks’ Stock Analysis page.