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Search Results for: luna

Soluna Signs Agreement with Noteholders to Facilitate Early Payoff of Convertible Notes

Amendment is a first step towards potential new financing to simplify capital structure and provide less dilutive financing for growth strategy ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and

November 23, 2023 3 mins read

Dogecoin to the Moon, Literally! DOGE on Lunar Mission

In an announcement that has sent shockwaves through the cryptocurrency community, one of the prominent memecoin,  Dogecoin’s team took to X (formely twitter) today to reveal a groundbreaking development. The tweet declared that Astrobotic, an American private company that is developing space robotics, has planned to send a physical Dogecoin to

November 16, 2023 1 min read

Soluna Holdings Reports Q3 Results

Performance Includes 176% Increase in Revenue and Operating Profit Milestone ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, reported financial results for the third quarter

November 15, 2023 11 mins read

Terra Luna Classic Community Approves Halting USTC Minting Proposal

By increasing the Tobin tax to 100%, the Terra Luna Classic community has voted to halt USTC minting. Several repeg USTC initiatives have been launched by the community and developers, all of which should help bring the Terra Luna Classic chain and LUNC token back on track. The previous 48

November 11, 2023 1 min read

Soluna Establishes Advisory Board, Taps AI and Data Center Leadership

Appoints Former Head of Data Center Innovation at Google ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today the formation of its new Advisory

November 6, 2023 3 mins read

Soluna and Bit Digital Announce Year-Long Hosting Partnership

Project Sophie Chosen to be the Host Site ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today a twelve month 4.4 MW hosting contract

October 26, 2023 2 mins read

Soluna Achieves Record Low Power Costs Paving the Way for AI Computing at Project Dorothy

Offers Comprehensive Updates on Company and Project Sites; Launches new data center design program ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today detailed

October 24, 2023 6 mins read

Terra Luna Classic Marks 76 Billion LUNC Burn Milestone

Since May 18, 2022, the Terra Luna Classic community has burnt a cumulative total of 76 billion LUNC, marking a significant milestone in the collective endeavor to lower the circulating quantity of LUNC. Binance, the biggest cryptocurrency exchange in the world, has burnt about 38.81 billion LUNC, or more than

October 9, 2023 1 min read

Terra LUNA Classic Community Votes in Favor to Halt USTC Minting

The algorithmic stablecoin, earlier known as UST Terra Classic USD (USTC), has recently had its minting and reminting halted by the Terra LUNA Classic (LUNC) community. The de-pegging of the UST posed a difficult choice for the community of Terra Classic. A proposal to end the USTC-LUNA swapping mechanism was

September 24, 2023 1 min read

Terra Luna Classic (LUNC) as Top Gainer Amidst Crypto Market Slump

While major cryptocurrencies, including Bitcoin, grapple with a downtrend in the market, the low-cap altcoin Terra Luna Classic (LUNC) has jumped to life with a significant breakout of a descending channel pattern. The cryptocurrency has gained nearly 12% (from $0.00005667 to $0.00006372) in intraday trading, and this unexpected surge has

September 22, 2023 2 mins read