Soluna to the Moona - $70 targetSoluna Holdings (NASDAQ: SLNH) focuses on green data centers that convert surplus renewable energy into computing resources for applications like Bitcoin mining and AI. Recent updates include the expansion of several major projects. Project Rosa secured a partnership for 187 MW of renewable energy, while Project Dorothy continues with infrastructure development. The AI-focused Project Ada is attracting high demand with six proof-of-concept tests underway. Additionally, Bitcoin mining capacity expansions are planned for Project Sophie and Kati, indicating bullish prospects for growth in both sector
Recent bullish catalysts for Soluna Holdings include:
Project Rosa: A new partnership for 187 MW of renewable energy aimed at supporting AI and Bitcoin mining.
Project Ada: Strong demand for AI cloud hosting, with six proof-of-concept tests and significant customer interest.
Bitcoin mining expansions: Upgrades and expansions at Project Sophie and Project Kati will increase Bitcoin hosting capacity.
Strategic developments: New sales contracts and ongoing site developments at Project Dorothy signal growth in both AI and crypto sector
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Technically speaking, I expect the logarithmic golden pocket to get taken out by cycle end.
