Soluna Holdings, Inc. Overview
Pro stress-test →Soluna Holdings designs, develops, and operates green data centers for Bitcoin mining, AI, and HPC workloads, transforming surplus or curtailed renewable energy into computing resources. The company co-locates modular data centers directly with renewable power plants, converting underutilized clean energy from wind, solar, or hydroelectric sites into computing capacity.
Strategic Profile
Pro stress-test →Soluna reported Q1 2026 revenue of $9.4 million (up 58% year-over-year), driven by Projects Dorothy 2, Dorothy 1A, and Kati 1, though net loss widened to $17.9 million. In May 2026, the company acquired the 150 MW Briscoe Wind Farm for $53 million and acquired full ownership of Project Dorothy 1A, enabling development of the 300+ MW Dorothy 3 AI campus.
Competitive Landscape
Pro stress-test →Soluna competes with HIVE Digital Technologies, Bit Digital, Cipher Digital, CleanSpark, and TeraWulf in the cryptocurrency mining and renewable energy data center space. The company differentiates through vertical integration of renewable power generation and modular data center design focused on curtailed energy markets.
Industry Context
Soluna Holdings, Inc. operates in Renewable-powered data center infrastructure.
Key facts
Founded: 1961 · Headquarters: Albany, New York · Employees: N/A · Revenue: $9.4M (Q1 2026) · Market cap: $216M