Achieves Milestone of 100 GWh in Curtailed Energy Monetization

Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ:SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced its December 2024 project site-level operations, developments, and updates.

The Company has provided the following Corporate and Site Updates.

Key Company Metrics:

The monthly metrics are now available here.

Corporate Highlights:

• AI Deal Signed with San Francisco Compute Company: Soluna will deliver custom AI cloud solutions to its first customer following strategic collaboration with Hewlett Packard Enterprise (HPE) GreenLake. Learn more here.
• AI Deal Signed with Atlas Cloud: Soluna will provide Atlas with 64 Nvidia H100 GPUs and potentially scale to more to support Atlas' advanced AI video processing workloads. Learn more here.
• Convertible Notes, Final Convert, and Payoff: Soluna announced the completion of a final conversion and payoff of outstanding convertible notes. Learn more here.
• Flexible Financing for Sustainable AI: Soluna launched its partnership with Gynger to offer flexible financing options for AI enterprises. Get started here.
• Advisory Board: Soluna announced the appointment of data center expert Ernest Popescu to the Advisory Board. Learn more here.
• New Podcast: Soluna's new limited series explores the intersection of AI and sustainability. Listen to it here.
• Curtailed Energy Milestone: As of November, Project Dorothy reached a milestone of over 100GWh of curtailed energy monetization. This is equivalent to powering approximately 11,500 H100s for a year.
• New Video: CEO John Belizaire shares Soluna's story and the future of Renewable Computing from the grounds of Project Dorothy. Watch it here.