Soluna to Present at Water Tower Research’s Hybrid US Climate Investor Conference on December 7
November 28 2023 - 8:35AM
Soluna Holdings, Inc. (NASDAQ: SLNH), based in
Albany, NY, a developer of green data centers for Bitcoin mining
and other intensive computing applications, today
announced that John Belizaire, CEO of Soluna Holdings, Inc.,
will present live at the Hybrid US Climate Investor Conference,
presented by Water Tower Research at OTC Markets Group offices, on
Thursday, December 7, 2023. The presentations will also be streamed
live at VirtualInvestorConferences.com.
DATE: December 7, 2023 TIME:
1:55 PM EDTLINK: https://bit.ly/46Sd9Rp
This will be a live, interactive online event where investors
are invited to ask the company questions in real time. If you would
like to attend in-person, please email
conferences@watertowerresearch.com for a free attendee pass. If
attendees are not able to join the event live on the day of the
conference, an archived webcast will also be made available after
the event.
It is recommended that online investors pre-register and run the
online system check to expedite participation and receive event
updates. Learn more about the event at
www.virtualinvestorconferences.com.
Recent Company Highlights
- Substantial cash balance
- The unrestricted cash balance as of September 30, 2023,
was $5.6 million compared to $1.1 million as of December 31, 2022.
This is driven by new project-level investments, operational
execution, and expense management measures implemented in the first
half of the year.
- Revenue Ramp -
Revenue in the third quarter increased by 176% to $5.8 million
compared to $2.1 million in the second quarter of 2023. The revenue
increase is driven by the continued ramp in the Project Dorothy
sites, including hosting and proprietary mining.
- AI initiative -
The Company launched a new initiative focused on a new data center
purpose-built for AI training workloads. The new design, code-named
“Helix”, will be part of Project Dorothy 2; due to start in the
first quarter of 2024. The Company also formed a new Advisory Board
to accelerate the Company’s AI initiatives and tapped Daniel
Golding, a former head of advanced engineering and data center
innovation at Google.
About Soluna Holdings, Inc (SLNH)Soluna
Holdings, Inc. is the leading developer of green data centers that
convert excess renewable energy into global computing resources.
Soluna builds modular, scalable data centers for computing
intensive, batchable applications such as Bitcoin mining, AI, and
machine learning. Soluna provides a cost-effective alternative to
battery storage or transmission lines. Soluna uses technology and
intentional design to solve complex, real-world challenges. Up to
30% of the power of renewable energy projects can go to waste.
Soluna’s data centers enable clean electricity asset owners to
‘Sell. Every. Megawatt.’
About Water Tower Research, LLCWater Tower
Research is modernizing Investor Relations through research-driven
communications and Investor Engagement. Sound investment research
begins with good information. At WTR, we help companies and
investors connect by creating expert information flow and
strategies that are the foundation of a successful modern investor
relations platform. Our analysts and capital markets professionals
bring decades of unrivaled Wall Street experience and insight to a
new digital world of investor communications and engagement. Our
research and investor content is distributed across traditional
research aggregators like Bloomberg, FactSet, etc., proprietary
direct distribution lists, social media, search engines, and our
website. As a result, every institutional and retail investor has
equal access to our high-quality company research. Our mission is
to help companies take control of their IR program and proactively
reach investors while bringing investors a consistent flow of
quality information to help them understand our clients’
businesses, industries, and the investment opportunities they
present.
About Virtual Investor Conferences®Virtual
Investor Conferences (VIC) is the leading proprietary investor
conference series that provides an interactive forum for publicly
traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is
specifically designed to offer companies more efficient investor
access. Replicating the components of an on-site investor
conference, VIC offers companies enhanced capabilities to connect
with investors, schedule targeted one-on-one meetings and enhance
their presentations with dynamic video content. Accelerating the
next level of investor engagement, Virtual Investor Conferences
delivers leading investor communications to a global network of
retail and institutional investors.
CONTACTS:Soluna Holdings,
Inc.Sam SovaFounder and CEOSOVASam@teamsova.biz
Virtual Investor Conferences John M.
ViglottiSVP Corporate Services, Investor AccessOTC Markets Group
(212) 220-2221johnv@otcmarkets.com
Water Tower Research Tim ReganHead of Business
Development(978)
505-2478conferences@watertowerresearch.com
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