SLNH News & Events

Soluna Holdings, Inc. - 9.0% Series A Cumulative Perpetual Preferred Stock trading halted, volatility trading pause

Soluna Holdings, Inc. - 9.0% Series A Cumulative Perpetual Preferred Stock trading resumes

Soluna Holdings announced it has appointed Michael Picchi as CFO and treasurer, effective April 1, 2026. Picchi will lead Soluna's finance organization and support the company's capital strategy as it scales its behind-the-meter, renewable-powered data center model and expands into Al. David Michaels, a member of Soluna's board of directors, has served as interim CFO and treasurer since August. Michaels will continue in his role as CFO through March 31 and remain on Soluna's board. Picchi most recently served as CFO and chief accounting officer at TECFusions.

Soluna Holdings announced that it signed a memorandum of understanding with Metrobloks to enter into a co-development partnership to build Project Kati 2. The initial development will be a 100+ MW Critical IT AI and high-performance compute data center at Soluna's Project Kati 2 campus in Willacy County, Texas. This is expected to be the first phase of a larger campus, with an expansion roadmap supporting more than 300 MW of total CIT capacity.