ewsba.se
Soluna Holdings, Inc. (NASDAQ:SLNH) is one of the
10 Best Day Trading Penny Stocks to Buy.
On April 28, 2026, Soluna Holdings, Inc. (NASDAQ:SLNH) announced a partnership with Sazmining, a Bitcoin Mining as a Service, or BMaaS, provider. The collaboration will support Sazmining’s second U.S.-based mining operation through an initial 3 MW deployment at Soluna’s Project Dorothy 1B, with potential to expand over time depending on demand and available capacity.
On April 21, 2026, Soluna Holdings, Inc. (NASDAQ:SLNH) expanded its partnership with Blockware by adding 3.3 MW of capacity at the Project Dorothy 1B site in West Texas. The company said this marks Blockware’s fourth expansion with Soluna and its first at Dorothy 1B, making it the first customer at the 25 MW data center co-located with the Briscoe Wind Farm. Soluna noted it recently acquired the Briscoe Wind Farm in a $53 million deal, enabling vertical integration between power generation and data center operations, while Blockware’s total deployed capacity across Soluna sites now exceeds 17 MW.
Earlier in April, Soluna Holdings, Inc. (NASDAQ:SLNH) acquired Spring Lane Capital’s equity interest in Project Dorothy 1A for $16.5M, bringing its ownership to 100% from a prior 14.6% Class B interest. The transaction, which follows the $53M Briscoe Wind Farm acquisition, gives the company full control of D1A in Silverton, Texas, and supports its plan to align the Dorothy campus with AI workloads as Dorothy 3 development progresses. The purchase will be funded through $6M paid at closing and the remainder due in July 2026, alongside a $12M unsecured promissory note maturing May 15, 2027. Soluna said it is pursuing full ownership of the broader Dorothy campus, with discussions ongoing for Dorothy 1B and Dorothy 2, while Dorothy 3 is expected to involve new equity partners aligned with its AI-focused strategy.
Soluna Holdings, Inc. (NASDAQ:SLNH) operates data centers focused on cryptocurrency mining.
While we acknowledge the potential of SLNH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.
Disclosure: None. Follow Insider Monkey on Google News.