Highest-materiality recent filing
Soluna appoints Microsoft AI data center executive Ryan Carver as CDO
Ryan Carver appointed CDO effective immediately, responsible for AI/HPC data center platform lifecycle.
Soluna added to Russell 3000/2000 Value; Q2 earnings call set for Aug 13
Added to Russell 3000 and Russell 2000 Value Index after annual reconstitution.
Soluna Holdings withdraws Series B Preferred Stock designation after full conversion
62,500 shares of Series B Convertible Preferred converted to 6,510,416 common shares in 2026.
Acquired 100% of Briscoe Wind Farm for ~$53M on April 1, 2026; tracking account and long-term debt settled at closing.
Soluna Q1 revenue up 58% YoY; signs JV for Kati 2 (350MW) with Metrobloks; buys Dorothy 1B
Q1 2026 revenue up 58% YoY; Bitcoin hosting revenue up 178% YoY; 147 MW under management.
Soluna acquires remaining 49% of Project Dorothy 1B for $8.8M, now 100% owner
Acquired remaining 49% equity of Project Dorothy 1B from Navitas Global for ~$8.8M cash; closed May 19, 2026.
Revenue $9.4M, up 58% YoY and 4th consecutive sequential quarter growth.
Closed $53M acquisition of Briscoe Wind Farm, achieving full vertical integration and direct ownership of renewable generation asset.
Soluna regains Nasdaq minimum bid price compliance; delisting matter closed
Received notice on April 30, 2026 that company regained compliance with Nasdaq Listing Rule 5550(a)(2) (minimum bid price).
Soluna partners with Sazmining for 3 MW Bitcoin mining at Project Dorothy 1B
Initial 3 MW deployment at Project Dorothy 1B; potential to scale based on demand and capacity.
Soluna expands Blockware partnership by 3.3 MW; total exceeds 17 MW
Fourth expansion with Blockware; first deployment at Project Dorothy 1B.
Soluna acquires 85.4% of Dorothy 1A wind-powered data center for $16.5M, secures $12M loan
Purchased 85.4% Class B interests in Dorothy 1A Project Company (bitcoin hosting, wind-powered) for total $16.5M: $6M at closing, $10.5M due by July 1, 2026.
Soluna acquires full ownership of Project Dorothy 1A for $16.5M; AI campus conversion accelerates
$16.5M acquisition of 85.4% Class B interests gives Soluna 100% ownership of D1A in Silverton, TX.
Closing bid price of common stock (SLNH) below $1.00 for 30 consecutive business days as of April 10, 2026.
Soluna reports record 2025 pipeline 4.3GW, raised $142M, names KPMG auditor
Pipeline surpassed 4.3 GW; raised $142M in 2025 and launched AI infrastructure.
Soluna acquires 149.85 MW Briscoe wind farm for ~$53M; secures $12.5M debt and issues warrants
Acquired 100% of Briscoe Wind Farm (149.85 MW nameplate) in Texas for ~$53M closing payment.
Soluna closes $53M acquisition of 150 MW Briscoe Wind Farm; projects $6-11M Adj. EBITDA
Closed $53.0M cash-and-debt acquisition of 150 MW wind farm in West Texas; financed with $12.5M debt from Generate Capital and balance sheet cash.
Soluna Holdings dismisses UHY as auditor, appoints KPMG for FY 2026
Dismissal of UHY effective March 29, 2026, approved by Audit Committee.
Soluna Holdings reports FY2025 revenue $29.7M (-22% YoY), net loss $57M, adjusted EBITDA -$13.2M
Revenue fell 21.8% to $29.7M; hashprice declined 30.8% in 2025; Bitcoin mined dropped from 274 to 113.2.
Soluna reports Feb 2026 hosted hashrate 3,883 PH/s; 9.5 BTC mined, up from Jan
Hosted hashrate avg 3,883 PH/s (Jan: 3,590); self-mining 760 PH/s; 9.5 BTC mined (Jan: 9.2).
Soluna expands Blockware partnership by 6 MW at Dorothy 1 site in Texas
Third expansion of partnership; adds 6 MW capacity at existing Dorothy 1 site.
Soluna names new CFO, launches 350MW AI campus JV with Metrobloks
Michael Picchi appointed CFO effective April 1, 2026.
Soluna begins energization of 83 MW wind-powered data center Project Kati 1
Project Kati 1 is an 83 MW wind-powered data center campus in South Texas dedicated to Bitcoin mining.
Soluna signs equipment supply agreement with Cormint for 12 MW Kati 1 deployment
Cormint will design, procure, and deliver eight modular data center units for Soluna's 12 MW Kati 1 in Texas.
Soluna appoints Michael Picchi as CFO effective April 1, 2026; David Michaels remains on board
Michael Picchi named CFO and Treasurer, effective April 1, 2026; interim CFO David Michaels steps down March 31.
Soluna signs MOU with Metrobloks to co-develop 100+ MW AI/HPC data center at Project Kati 2
Initial 100+ MW Critical IT AI/HPC data center at Project Kati 2 campus; expansion to 300+ MW.
Soluna closes $32M direct offering; Kati 1 on track for completion in January
Closed $32M registered direct offering priced at market to strengthen balance sheet.
Two-megawatt pilot at Project Grace, Texas, will integrate Siemens electrical infrastructure, controls, and SICAM SCADA.
Soluna reports Q3 37% revenue growth; Dorothy 2 completed, total capacity 123 MW
Q3'25: 37% sequential revenue growth, gross profit 28%, cash at record $60 million.
Soluna closes $32M registered direct offering of 18.1M shares at $1.77
Gross proceeds of ~$32M from sale of 18,079,144 shares (or pre-funded warrants) at $1.77 per share.
Soluna announces $32M registered direct offering of stock and warrants
Offers 18,079,144 shares (or pre-funded warrants) and Series C warrants at $1.77/unit, gross proceeds ~$32M.
Soluna Q3 revenue up 37% sequentially, cash hits record $60.5M; net loss widens
Revenue increased 37% sequentially to $2.3M; gross profit improved to 28% from 19% in Q2.
Soluna completes 48 MW Project Dorothy 2; total capacity rises to 123 MW
Project Dorothy 2 fully energized at 48 MW, on time and on budget; total campus now 98 MW.
Soluna Holdings shareholders OK increase in authorized common shares from 75M to 375M
Shareholders approved amendment to increase authorized common stock from 75M to 375M shares.
Soluna Holdings reports Oct 2025: Dorothy 2 Phase 3 done, Kati-2 AI begins, board adds Budzyn
Project Dorothy 2 Phase 3 construction substantially completed; full completion expected mid-November.
Budzyn receives $7,500/quarter cash and 135,000 RSUs vesting over three years; she brings BlackRock and ConsenSys experience.
Soluna partners with KULR for 3.3 MW Bitcoin mining hosting at Project Sophie, Q4 2025
3.3 MW hosting partnership with KULR Technology Group at Soluna's Project Sophie facility in Kentucky.
Soluna settles NYDIG litigation, secures $100M facility, breaks ground on 166 MW Project Kati
Settlement with NYDIG resolves all outstanding matters, clearing path for growth (8-K filed Sep 30, 2025).
Soluna Holdings regains Nasdaq minimum bid price compliance, closes delisting matter
Received Nasdaq notice on Oct 3, 2025 that compliance with $1.00 bid price rule was achieved on Oct 2, 2025 after 10 consecutive business days above $1.00.
Soluna settles $9.18M NYDIG judgment and signs 20 MW Canaan hosting deal
Settled $9.18M NYDIG judgment via future settlement payments; judgment revives on default.
Soluna Holdings files prospectus supplement for up to $87.65M ATM equity offering
Company filed prospectus supplement for ATM offering of common stock with aggregate offering price up to $87,650,000.
Soluna secures up to $100M credit facility from Generate Capital for green data centers
Initial $12.6M draw to refinance Dorothy 1A and Dorothy 2 projects; unlocks equity capital.
Soluna Holdings breaks ground on 166 MW Project Kati in Texas; first phase due early 2026
Groundbreaking ceremony scheduled Sept 18, 2025 in Willacy County, Texas.
Soluna surpasses 1 GW milestone; starts construction on Project Kati 1; Galaxy expands to 48 MW
Surpassed 1 GW of renewable-powered computing with addition of Project Gladys (150 MW wind) and Project Fei (100 MW solar).
Soluna reaches 1 GW clean computing projects pipeline; launches two new Texas sites
1 GW milestone: Project Fei (100 MW solar co-located with 240 MW solar farm) and Project Gladys (150 MW wind co-located with 226 MW wind farm) launched in Texas.
Soluna stockholders approve reverse stock split (1:5 to 1:50) and elect two directors
David C. Michaels and Matthew Lipman elected Class II directors for three-year terms.
Soluna Q2 2025: Adjusted EBITDA up $0.4M QoQ, revenue $6.2M; pipeline grows to 2.8 GW
Adjusted EBITDA improved $0.4M (25.5%) QoQ to $2.3M; fourth consecutive quarter of growth.
Soluna expands Galaxy Digital partnership to deploy 48 MW at Project Kati 1
Galaxy will deploy 48 MW of bitcoin mining ops at Soluna's Project Kati 1, bringing total capacity to 83 MW.
Soluna Holdings CFO John Tunison resigns; board member David Michaels named interim CFO
CFO John Tunison resigns effective Aug 21, 2025; departure not due to any disagreement with company.
Soluna completes Dorothy 2 Phase 2; secures $20M for Project Kati; $5M offering
Project Dorothy 2 Phase 2 construction substantially complete; customer ramp-up started; Phase 3 target completion Oct/Nov 2025.
The Company has appointed John Tunison to serve as the Chief Financial Officer and Treasurer of the Company, effective April 8, 2024
the Company will accept David Michaels’s resignation from his position as CFO of the Company, effective immediately upon the effectiveness of the appointment of a new CFO.
Michael Toporek, the Company’s prior Chief Executive Officer, has been elected to serve as Executive Chairman of the Board of Directors, effective as of May 1, 2023.
The Company has appointed John Belizaire, the Chief Executive Officer of the Company’s Soluna Computing, Inc. subsidiary (“SCI’) and a current director of the Company, to serve as the Chief Executive Officer of the Company, effective as of May 1, 2023.
Effective as of May 1, 2023, Michael Toporek resigned as Chief Executive Officer of Soluna Holdings, Inc. (the “Company”) in connection with the appointment of John Belizaire as Chief Executive Officer as part of the Company’s previously announced succession plan.
The Company has appointed David C. Michaels, a current director of the Company, to serve as interim Chief Finacial Officer of the Company, effective as of April 21, 2023.
The Company has accepted Philip Patman, Jr.’s resignation from his position as Chief Financial Officer of the Company, effective April 21, 2023.
approved the certification of Jessica Thomas as Chief Accounting Officer of the Company
Jessica L. Thomas resigned from her role of Chief Financial Officer, Secretary, and Treasurer of Soluna Holdings, Inc., a Nevada corporation, effective as of August 16, 2022.
On July 28, 2022, the board of directors (the “Board”) of Soluna Holdings, Inc., a Nevada corporation (“the Company”) appointed Philip F. Patman, Jr., to assume the role of Chief Financial Officer, Secretary and Treasurer of the Company, effective as of August 16, 2022.
In connection with the sale of MTI and Mr. Binyamin’s departure from the Company
the Board elected Mr. Binyamin, MTI’s then current President, to the offices of President and Chief Executive Officer of MTI.
Max materiality 0.85 · Median 0.65 · Most common event other_material