Soluna: Q1 Revenue Up, But Losses Widen… AI Campus Expansion with Wind Power Plant Acquisition

Soluna Holdings (NASDAQ: SLNH) reported Q1 revenue of $9.4 million, a 58% increase year-over-year, marking four consecutive quarters of growth. However, net loss expanded to $17.9 million and adjusted EBITDA loss to $2.1 million, attributed to large-scale infrastructure investments and business expansion, including the acquisition of a wind power plant to expand its AI campus.

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