News & Announcements
January 18, 2022
Soluna Holdings, Inc. Announces Signing of Master Equipment Finance Agreement
New relationship with NYDIG to support target of 3 EH/s by end of 2022 ALBANY, N.Y., Jan. 18, 2022 (GLOBE… Read more »
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Soluna Holdings Announces Third Quarter 2021 Financial Results and October Site Level Financials
Soluna Holdings continue to rapidly scale our facilities as we energize our data centers to hit our 50MW target by year end.
Mechanical Technology Announces Name and Ticker Change to Soluna Holdings (SLNH)
MTI today announced that it has completed its official name change to Soluna Holdings, Inc. and new ticker symbol for its common stock to SLNH and SLNHP for its preferred stock
Mechanical Technology Announces Completion of Soluna Computing Acquisition and Special Shareholder Meeting Results
MTI today announced that it has completed the acquisition of Soluna Computing, Inc. (“SCI”), which now becomes a wholly-owned subsidiary of EcoChain.
Mechanical Technology Announces $16.3 Million Convertible Note Financing
MTI announces agreement to sell $16.3 million of convertible notes to certain accredited investors.
EcoChain, Inc. Announces September Site Level Financials with Continued Ramp
EcoChain announces hashrate target exceeded with September up 107% over August hashrate.
EcoChain, Inc. Announces August Site Level Financials
EcoChain reports continued execution with another strong month of growth as the cash contribution margin more than doubled and installed hashrate in August increased by 174%.
MTI Announces Pricing of Upsized $18 Million Preferred Stock Offering
MTI announced the pricing of its upsized underwritten public offering of 720,000 shares of its 9.0% Series A Cumulative Perpetual Preferred Stock.
EcoChain, Inc. Announces Agreement to Acquire Soluna Computing, Inc.
Upon the closing of the transaction, MTI will gain access to all SCI assets, including its 300MW (megawatt) pipeline.
MTI Announces Second Quarter 2021 Financial Results and EcoChain July Site Level Financials
EcoChain ramp continues with expected August hashrate up 269% and MTI Instruments reports solid quarter and strong pipeline activity.
EcoChain, Inc. Reports Monthly Site Level Financials for Q2 2021
EcoChain highlights 2nd quarter financial performance from cryptocurrency mining operations clearly showcasing the strength of its business model.