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Soluna Holdings Partners with KULR for Bitcoin Mining

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Soluna Holdings Partners with KULR for Bitcoin Mining

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

On October 9, 2025, Soluna Holdings announced a new hosting partnership with KULR Technology Group for 3.3 MW of Bitcoin mining capacity at its Project Sophie facility in Kentucky. This partnership, Soluna’s first with a Bitcoin treasury-focused company, marks a strategic expansion of its customer base beyond traditional Bitcoin miners. The agreement aligns with Soluna’s strategy to adapt its renewable-powered hosting model to meet the evolving demands of Bitcoin mining and related industries, while supporting KULR’s commitment to strategic innovation in digital asset management. The deployment is expected to begin operations in Q4 2025, further enhancing Soluna’s leadership in sustainable computing infrastructure.

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 computing resources. The company focuses on high-performance computing applications such as Bitcoin mining and Generative AI, utilizing its proprietary software MaestroOS to provide sustainable and cost-effective solutions.

Average Trading Volume: 11,162,044

Technical Sentiment Signal: Sell

Current Market Cap: $130.1M

Learn more about SLNH stock on TipRanks’ Stock Analysis page.

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