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Soluna Holdings, Inc. ( (SLNH) ) has issued an announcement.
Soluna Holdings, Inc. announced the completion of converting and paying off its outstanding convertible notes, eliminating $772,000 of debt from its balance sheet. This strategic move enhances Soluna’s financial stability, allowing it to concentrate on advancing AI, renewable energy, and computing infrastructure projects, thereby positioning itself as a leader in sustainable high-performance computing.
More about Soluna Holdings, Inc.
Soluna Holdings, Inc. is a company focused on developing green data centers for high-performance computing applications such as Bitcoin mining and AI. The company leverages surplus renewable energy from wind, solar, or hydroelectric power plants to create sustainable computing solutions, using their proprietary MaestroOS software to optimize performance and returns.
YTD Price Performance: -26.25%
Average Trading Volume: 207,878
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $24.7M
See more data about SLNH stock on TipRanks’ Stock Analysis page.
