Soluna Holdings

Soluna Holdings is a niche in the AI & Data Center segment of the semiconductor & AI supply chain, headquartered in United States. Its key suppliers include Vertiv, Schneider Electric, Eaton. Its key customers include Amazon (Annapurna Labs), Microsoft, Alphabet (Google).

Green data centers co-located with renewable power for AI/HPC.

Ticker
NASDAQ: SLNH
Headquarters
United States
Revenue
$30M (FY2025) · -21.8% YoY
Net income
$-53M
Operating margin
-113.3%
Market position
niche
Value-chain segment
Data Center Operators (Colo), Power & Cooling
Key products
bitcoin mining, AI/HPC data center hosting

About Soluna Holdings

Soluna Holdings, headquartered in United States, operates in the Data Center Operators (Colo) and Power & Cooling segments of the semiconductor & AI supply chain and is positioned as a market niche there. Its key products include bitcoin mining, AI/HPC data center hosting. wafergraph maps 4 tracked suppliers and 7 tracked customers for Soluna Holdings across the value chain. It has a supply-chain criticality score of 50/100, with 236 companies downstream of it.

Role in the chain

Soluna Holdings is a market niche in AI & Data Center (Data Center Operators (Colo)), headquartered in United States. Green data centers co-located with renewable power for AI/HPC.

Diligence questions

  1. The dataset records 4 tracked suppliers for Soluna Holdings. Which of those edges are researched (named in a filing or primary source) versus segment-inferred, and what happens if one of them stops shipping?
  2. 3 of Soluna Holdings's tracked suppliers are a monopoly or leader (including Delta Electronics, Schneider Electric, Vertiv). Which of those are actually single-source for the process step you care about?
  3. The dataset names 7 tracked customers for Soluna Holdings. How concentrated is demand among those names, and which of them have a documented second source in this graph?
  4. Soluna Holdings is headquartered in United States. What jurisdiction, export-control or logistics risk sits at that HQ, versus at the fabs or plants the filings actually name?
  5. Soluna Holdings trades as NASDAQ:SLNH. What does the latest reported period say about capacity and backlog versus the graph position above?
  6. Before treating any edge as a verified relationship, check the provenance labels on the company page and the method note at /methodology.

Full diligence pack for Soluna Holdings

Key products

  • bitcoin mining
  • AI/HPC data center hosting

Suppliers

Customers

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Sources

Open the interactive supply-chain view →

Cite as: wafergraph, “Soluna Holdings — supply chain, financials & market position”, https://wafergraph.com/company/soluna (data as of 2026-09-05).

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