Recent Updates — SLNHP

Soluna Holdings has entered into a definitive agreement to form a jointly owned company with Applied Digital Corporation to develop a planned 50 MW critical IT data center for AI and high-performance computing at Project Dorothy 3 near Silverton, Texas. Soluna will contribute land and power-related assets while Applied provides capital; upon closing, Applied is expected to hold a 51% interest and Soluna the remaining 49%. The transaction is subject to conditions including tax abatement approval and definitive lease execution with ChronoScale, which has signed a non-binding letter of intent. Closing is expected by year-end. Soluna designs, develops, and operates digital infrastructure that transforms surplus renewable energy into global computing resources.

Soluna Holdings, Inc. announced changes to the annual compensation for Chief Executive Officer John Belizaire. Following a review by the Compensation Committee, Mr. Belizaire's annual base salary was increased to $600,000, effective retroactively to January 1, 2026. Additionally, the company established a target annual bonus opportunity for him equal to 100% of his base salary, contingent upon performance goals set by the Committee. Soluna Holdings, Inc. provides sustainable data center solutions and energy infrastructure.