William Phelan Sells Shares of Soluna Holdings, Inc. $SLNHP
Key Points
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William Phelan, insider at Soluna Holdings, Inc. ($SLNHP), sold 3,074 shares at an average price of $11, for a total transaction of $33,814. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Soluna Holdings, Inc. Stock Down 8.8%
Shares of Soluna Holdings, Inc. ($SLNHP) traded around $11.05 on Tuesday, down 8.8% for the day.
Soluna Holdings, Inc. Earnings
About Soluna Holdings, Inc.
Soluna Holdings, Inc., together with its subsidiaries, engages in the mining of cryptocurrency through data centres. It operates through three segments, Cryptocurrency Mining, Data Center Hosting, and High-Performance Computing Services. The company also operates in the blockchain business, as well as provides colocation and hosting services to large-scale bitcoin mining operators. In addition, the company develops and builds modular data centrers that use for cryptocurrency mining. Further, it provides data center hosting services, including electrical power and network connectivity to cryptocurrency mining customers. Soluna Holdings, Inc. was formerly known as Mechanical Technology Inc and as changed to Soluna Holdings, Inc. in November 2021. The company was founded in 1961 and is headquartered in Albany, New York.
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