Soluna Holdings, Inc
Soluna Holdings, Inc. (Nasdaq: SHI) operates as a digital infrastructure company focused on renewable energy-powered data centers. The company's website is located at solunacomputing.com. Soluna develops, owns, and operates data centers co-located with renewable energy power plants through its proprietary Renewable… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Soluna Holdings, Inc does
In the company’s own words
Soluna Holdings, Inc. (Nasdaq: SHI) operates as a digital infrastructure company focused on renewable energy-powered data centers. The company's website is located at solunacomputing.com. Soluna develops, owns, and operates data centers co-located with renewable energy power plants through its proprietary Renewable Computing model, which aims to convert underutilized renewable energy into economically productive computing capacity.
The company operates across four primary business lines. The Bitcoin Hosting Business, which represented approximately 57 percent of total revenue in 2025, provides colocation and hosting services to third-party Bitcoin mining customers through fixed-fee, profit-share, and managed service models. The Bitcoin Mining Business, accounting for approximately 38 percent of revenue, involves proprietary Bitcoin mining operations that validate transactions and secure the Bitcoin blockchain. The High Performance Computing Business focuses on data center leasing and hosting for artificial intelligence and HPC workloads, with initial development centered on Project Kati 2, engineered for over 300 megawatts of capacity in partnership with Metrobloks. The Demand Response Business, representing approximately 4 percent of revenue, leverages data center infrastructure to provide grid stabilization services to utilities and grid operators.
As of December 31, 2025, Soluna operates approximately 123 megawatts of capacity across two active sites in Murray, Kentucky and Silverton, Texas, with an additional 83 megawatts under construction and over 900 megawatts in advanced development. The company's total project pipeline encompasses approximately 4.3 gigawatts of renewable energy-powered data center developments. Operations are managed through MaestroOS, a proprietary software platform that optimizes facility performance by analyzing electricity prices, weather conditions, grid demand, and market signals.
The company employs fifty-five individuals across finance, operations, marketing, corporate development, information technology, and engineering functions. Soluna finances development and construction through public equity offerings, debt instruments, and strategic partnerships with project-level capital providers including Spring Lane Capital, Galaxy Digital, and Generate Capital. The company holds two issued U.S. patents and multiple pending patent applications related to modular data center architecture, cooling technology, and power optimization systems.
Company details
- Sector
- Financials
- Industry
- Finance Services
- Headquarters
- ALBANY, NY
- Fiscal year end
- December
- CIK
- 64463
- SIC
- 6199
Financial performance, year by year
Fiscal 2012–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Soluna Holdings, Inc — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Soluna Holdings, Inc’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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