Soluna Names Agnes Budzyn to Its Board of Directors
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 21 2025
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Should l Buy SLNH?
Source: Newsfilter
Appointment of Agnes Budzyn: Soluna Holdings has appointed Agnes Budzyn to its Board of Directors, bringing over a decade of experience in finance, digital assets, and technology strategy, including leadership roles at BlackRock and ConsenSys.
Expertise in Renewable Energy: Budzyn's background in managing significant portfolios and advising on strategic funding aligns with Soluna's mission to leverage renewable energy for computing, enhancing the company's governance and expertise in digital infrastructure.
Vision for Sustainable Computing: Budzyn expressed her commitment to Soluna's vision of transforming surplus renewable energy into global computing resources, emphasizing innovation that promotes sustainability and economic resilience.
Company Overview: Soluna Holdings focuses on developing green data centers that utilize renewable energy sources for high-performance computing applications, aiming to make renewable energy a global superpower through its proprietary software and strategic partnerships.
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Analyst Views on SLNH
Wall Street analysts forecast SLNH stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.909
Low
5.00
Averages
5.00
High
5.00
Current: 0.909
Low
5.00
Averages
5.00
High
5.00
About SLNH
Soluna Holdings, Inc. is a digital infrastructure company specializing in transforming surplus renewable energy into computing resources. It operates modular data centers co-located with wind, solar, and hydroelectric power plants, supporting compute-intensive applications, including bitcoin mining, generative artificial intelligence (AI), and scientific computing. Its segments include Cryptocurrency Mining, Data Center Hosting, and High-Performance Computing (HPC). Its Soluna Cloud Services business provides HPC services to support generative AI workstreams and proprietary software MaestroOS helps to energize a greener grid while delivering computing solutions and superior returns. It offers colocation and hosting services for companies seeking to train large language models (LLMs), fine-tune existing artificial intelligence models, and deploy other compute-intensive AI or HPC workloads. It also provides hosting services to third-party Bitcoin mining customers at its data centers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Revenue Expectations: Project Kati is projected to generate annual revenues between $17.3 million and $19.6 million, indicating that this project will provide substantial financial returns and further solidify Soluna's market position in Bitcoin mining and AI computing.
- Renewable Energy Utilization: The project is powered entirely by the Las Majadas wind energy project, showcasing Soluna's strategic vision in renewable computing, aiming to drive sustainable development through efficient computing infrastructure.
See More
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- Equipment Supply Agreement: Soluna Holdings has executed an agreement with Cormint Data Systems to support a 12 MW data center deployment at Project Kati 1 in Willacy County, Texas, marking a significant advancement in the company's green data center initiatives.
- Modular Design Benefits: The eight modular data center units under the agreement feature a patented pre-fabricated design with integrated 2MW transformers and high-performance cooling systems, aimed at accelerating deployment and reducing on-site labor requirements, thereby enhancing overall operational efficiency.
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See More
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- Transition Plan: David Michaels, who has been serving as interim CFO since August 2025, will continue in this role until March 31, 2026, ensuring financial stability and continuity during the executive transition period.
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- Business Context: Soluna Holdings focuses on renewable energy-driven data center operations, actively expanding its market share in response to growing AI compute demand, with Picchi's appointment seen as a crucial move to strengthen financial management and capital operations.
See More
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- Transition Management: David Michaels, who has served as Interim CFO since August 2025, will continue in his role until March 31, 2026, ensuring financial stability and strategic continuity during the executive transition period.
- Extensive Experience: Picchi brings over 30 years of financial management experience, having served as CFO at TECFusions, focusing on sustainable high-density AI infrastructure development, and his background is expected to strongly support Soluna's long-term growth strategy.
- Market Outlook: Picchi expressed excitement about Soluna's model, which effectively utilizes surplus clean energy by co-locating digital infrastructure with renewable generation, anticipating significant growth in the company's market share within the sustainable computing sector.
See More
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- Technological Innovation: The pilot will integrate Siemens' electrical infrastructure and monitoring systems, documenting performance data through a structured commissioning process to ensure stability under rapid load changes, creating a replicable blueprint for future renewable energy computing deployments.
- Market Demand Response: As AI demand accelerates, the collaboration between Soluna and Siemens addresses the power demand fluctuations caused by GPU-driven workloads, not only increasing the utilization of renewable energy but also creating a win-win situation for power providers and customers.
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See More
