Exchange: NASDAQ·Updated 01:38 PM EDT
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SLNHP Soluna Holdings Inc - 9% PRF PERPETUAL USD 25 - Ser A

$10.71
$0.7582
(7.62%)
Today
EarningsNov 12
Vol6,473.00

About SLNHP

Soluna Holdings, Inc. develops and operates data centers that utilize renewable energy, including excess or curtailed power, to support energy-intensive computing applications. The company is involved in cryptocurrency mining and provides data center hosting services for third-party customers. It operates through the following segments: Cryptocurrency Mining, Data Center Hosting, and High-Performance Computing Services. The Cryptocurrency Mining segment generates revenue from its mining activities. The Data Center Hosting segment operates a data center from the company's computing facility in Calvert City, Kentucky. The High-Performance Computing Services segment provides computing infrastructure and related services for data-intensive workloads. The company was founded in 1961 and is headquartered in Albany, NY.
50

Neutral Sentiment

How do you feel about SLNHP?

BIOVIC
I see $SLNHP as a speculative preferred recovery play, not dependable income. Dividends accumulate, but the latest filing still showed them undeclared. It ranks above common, below debt, with no guaranteed redemption date. My $SLNH position is for Kati 2 execution and common-equity upside. Different thesis, not automatically safer. Holding 440K common.

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