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Soluna Holdings Partners with Canaan for Bitcoin Mining

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Soluna Holdings Partners with Canaan for Bitcoin Mining

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An update from Soluna Holdings ( (SLNH) ) is now available.

On September 29, 2025, Soluna Holdings and NYDIG reached a settlement agreement to resolve a legal dispute over loans, with Soluna agreeing to make settlement payments to NYDIG. This settlement releases Soluna from all related claims, provided they adhere to the payment terms. Additionally, on September 30, 2025, Soluna announced a strategic agreement with Canaan Inc. to deploy 20 MW of Bitcoin miners at their Texas facility, enhancing Soluna’s renewable energy infrastructure and expanding Canaan’s North American mining operations.

The most recent analyst rating on (SLNH) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Soluna Holdings stock, see the SLNH Stock Forecast page.

Spark’s Take on SLNH Stock

According to Spark, TipRanks’ AI Analyst, SLNH is a Neutral.

Soluna Holdings is facing significant financial difficulties, with negative profitability and high financial risk. Technical indicators suggest overbought conditions, which could lead to a price correction. The negative P/E ratio and lack of dividend yield further highlight valuation concerns. These factors combine to result in a low overall stock score.

To see Spark’s full report on SLNH stock, click here.

More about Soluna Holdings

Soluna Holdings, Inc. is a developer of green data centers designed to transform surplus renewable energy into global computing resources. The company focuses on supporting high-performance computing applications such as Bitcoin mining and AI, leveraging co-location with wind, solar, or hydroelectric power plants to provide sustainable computing solutions.

Average Trading Volume: 9,915,746

Technical Sentiment Signal: Hold

Current Market Cap: $75.97M

See more insights into SLNH stock on TipRanks’ Stock Analysis page.

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