Soluna Holdings, Inc.

Soluna Holdings, Inc. is a financial services company operating in the capital markets industry. It provides cryptocurrency mining through its data centers. The company's business is organized into three segments: Cryptocurrency Mining, Data Center Hosting, and High-Performance Computing Services. Soluna also operates in the blockchain business and offers colocation and hosting services to large-scale bitcoin mining operators. Additionally, it develops and builds modular data centers used for cryptocurrency mining and provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers.

Soluna Holdings, Inc. is listed on the Nasdaq Capital Market (NasdaqCM) under the ticker symbol SLNH. Its shares are traded in US Dollars (USD), as the company is headquartered in the United States. The exchange is a major US stock exchange, providing liquidity and visibility for the company's stock.

Soluna Holdings, Inc. is classified under the Financial Services sector and the Capital Markets industry. This classification reflects its involvement in financial activities related to cryptocurrency mining and data center services. While the company's operations are technology-intensive, its core business of mining cryptocurrency and providing hosting services falls under capital markets due to the financial nature of cryptocurrency transactions and investments.

Soluna Holdings, Inc. is headquartered in Albany, New York, United States. The company was founded in 1961 and was formerly known as Mechanical Technology Inc. It changed its name to Soluna Holdings, Inc. in November 2021. The company serves the US market, with its data centers and operations primarily based in the country. Its long history dates back over six decades, but it has recently pivoted to focus on cryptocurrency mining and data center services.

Soluna Holdings generates revenue through three main business segments. The Cryptocurrency Mining segment involves mining digital currencies using its own data centers. The Data Center Hosting segment provides colocation and hosting services to large-scale bitcoin mining operators, offering electrical power and network connectivity. The High-Performance Computing Services segment offers computing power for complex tasks. Additionally, the company develops and builds modular data centers for cryptocurrency mining, which can also be a source of revenue through sales or leases.