Soluna Holdings Inc. (NASDAQ:SLNH) is one of the best penny stocks under $1 to buy right now. On February 17, Soluna Holdings announced a six-megawatt expansion of its partnership with Blockware at the Project Dorothy 1 site in West Texas. This development marks the third time the two companies expanded their collaboration, highlighting a successful model of scaling HPC within existing renewable-powered infrastructure. Deployment for this new capacity commenced in January and is on schedule to reach full c ...

Core Insights - Soluna Holdings has begun energizing Project Kati 1 following approval from ERCOT, marking a significant step in the company's expansion strategy [1][5] - The project will increase Soluna's total compute capacity to over 200 MW and is expected to generate annual revenues between $17.3 million and $19.6 million [1][2] Project Details - Project Kati 1 consists of an 83 MW data center expansion in South Texas, which represents a 67% increase in the company's operational footprint [2][5] - The project is divided into two phases: Phase 1A includes 48 MW across three sub-phases, targeting full ramp-up by early Q2, while Phase 1B adds 35 MW, expected to be completed by the end of Q3 [3][4] Strategic Approach - The second phase of the project includes a partnership with Cormint for 12 MW of capacity, utilizing a modular approach to reduce labor needs and expedite timelines [4] - The facility will contribute 3.5 EH/s to Soluna's hashrate capacity, supporting intensive workloads such as bitcoin mining and AI/HPC applications [4]

([BUSINESS WIRE])--Soluna Holdings, Inc. ("Soluna†or the "Company†) (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, today announced that it has executed an Equipment Supply Agreement with Cormint Data Systems ("Cormint†), a Texas based firm that has designed, delivered, and operationalized more than 130MW of data center infrastructure, to support a 12 MW deployment at Project Kati 1 in Willacy County, Texas. U...## Soluna Appoints ...

Core Insights - The market previously undervalued Soluna Holdings (SLNH) at around $2, indicating a disconnect between market pricing and the company's underlying economics [1] Group 1: Investment Philosophy - The company focuses on identifying mispriced opportunities driven by market fear, prevailing narratives, or misunderstandings [1] - The investment strategy emphasizes cash flow durability, balance sheet strength, and the risks associated with different capital structures [1] - The company targets cyclical industries, energy, industrials, and under-followed mid-caps, where market expectations often diverge from reality [1] Group 2: Market Sentiment and Opportunities - The company seeks asymmetric setups where stocks have already been punished in the market while fundamentals are stabilizing or improving [1] - A modest change in market expectations can lead to significant stock price movements, highlighting the potential for investment opportunities [1]

"Project Kati is our blueprint for Renewable Computing at scale, and this agreement set the stage for accelerating the scale of our platform,†said John Belizaire, CEO of Soluna. "By securing modular, integrated infrastructure for the Kati deployment, we're aligning equipment delivery with available clean power and building in the flexibility to scale as demand evolves.†The eight modular units feature a patented pre-fabricated design that enables rigorous full-system testing and quality control checks befo ...

Core Viewpoint - Soluna Holdings, Inc. has signed a Memorandum of Understanding with Metrobloks to co-develop Project Kati 2, a data center aimed at supporting AI and high-performance computing, with an initial capacity of over 100 MW [1][2]. Group 1: Project Overview - Project Kati 2 will be located in Willacy County, Texas, and is expected to be the first phase of a larger campus with a total capacity roadmap exceeding 300 MW [1]. - The partnership aims to leverage Soluna's renewable energy resources and Metrobloks' AI-ready infrastructure to expedite the deployment of high-density computing solutions [2][4]. Group 2: Partnership Details - Metrobloks will lead the design, development, leasing, and operations of Project Kati 2, while Soluna will provide site control, power entitlements, and development expertise [3]. - Both companies will collaborate to secure third-party capital for the project, which is currently under a non-binding letter of intent from a potential tenant [3][4]. Group 3: Market Demand and Infrastructure - The project addresses the urgent market demand for available power and capacity for AI and HPC applications, with a focus on scalable solutions [4]. - Soluna's existing infrastructure at Project Kati, which broke ground in September 2025, is designed to support both digital assets and AI workloads, establishing it as a dual-purpose facility [4].

Core Insights - Soluna Holdings, Inc. has signed a Memorandum of Understanding with Siemens to develop a pilot project aimed at managing power demand for AI and high-performance computing using renewable energy [1][5] - The 2 MW pilot will be deployed at Soluna's Project Grace site in Texas, integrating Siemens' electrical infrastructure and controls to create a repeatable model for future AI deployments at renewable generation sites [2][3] Company Overview - Soluna Holdings focuses on developing green data centers for intensive computing applications, including Bitcoin mining and AI, by utilizing surplus renewable energy [9] - The company aims to transform renewable energy into global computing resources, strategically co-locating data centers with wind, solar, or hydroelectric power plants [9] Project Details - The pilot project will document performance under fast load steps and variable compute demand, addressing challenges posed by GPU-driven workloads on power stability [2][3] - The facility will utilize Siemens' SICAM SCADA platform for monitoring and control, ensuring scalability, grid stability, and energy efficiency [4] Strategic Goals - The partnership aims to optimize existing infrastructure to support the growing demand for AI technology while leveraging clean energy at competitive costs [4][5] - Soluna and Siemens expect to validate a scalable blueprint for behind-the-meter renewable compute, enhancing grid stability, energy efficiency, and reducing carbon impact [5]

Core Viewpoint - Soluna Holdings, Inc. (SLNH) has experienced a significant decline of 23.1% in its stock price over the past week, but the formation of a hammer chart pattern suggests a potential trend reversal as buying interest may be emerging to counteract selling pressure [1][2]. Technical Analysis - The hammer chart pattern indicates a minor difference between opening and closing prices, with a long lower wick suggesting that the stock found support after hitting a new low during a downtrend [4][5]. - This pattern signals that bears may have lost control, and the emergence of buying interest could lead to a trend reversal [5]. Fundamental Analysis - Recent upward revisions in earnings estimates for SLNH are viewed as a bullish indicator, correlating strongly with near-term stock price movements [7]. - Over the last 30 days, the consensus EPS estimate for the current year has increased by 37.4%, indicating that analysts expect better earnings than previously predicted [8]. - SLNH holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which typically outperform the market [9].

Core Insights - Soluna Holdings, Inc. is focused on developing green data center projects that leverage renewable energy to support AI, high-performance computing (HPC), and Bitcoin operations [1] Company Overview - Soluna Holdings operates existing projects and has additional projects in development, indicating a growth trajectory in the digital infrastructure sector [1] Industry Context - The company is positioned within the digital infrastructure industry, emphasizing sustainability by utilizing renewable energy sources for its operations [1]

Core Insights - Soluna Holdings, Inc. (SLNH) is focusing on leveraging surplus renewable energy to develop digital infrastructure, particularly targeting data center and AI clients [1] - The company has been actively cutting costs and financing expansion over the past year to enhance its market position [1] - The upcoming Bitcoin "halving" in April 2024 is a significant event that may impact the company's operations and strategy [1] Company Strategy - Soluna Holdings is positioning itself to cater specifically to the needs of data center and AI clients, indicating a strategic focus on high-demand sectors [1] - The company has undertaken cost-cutting measures to improve financial efficiency and support its expansion plans [1] Market Context - The April 2024 Bitcoin "halving" is anticipated to influence market dynamics, which could affect Soluna's business model and growth trajectory [1]