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Soluna logo

Soluna

SLNH
$1.22
+4%since Benson's first pick

Market price data through August 3, 2026.

Performance

Aug 2021Aug 2026

Benson's first pick
$0$149$299$448Aug 2021Oct 2022Feb 2024May 2025Aug 2026Benson picked · $1.30
Model signal
Buy
What Benson's model currently says about this stock.
Benson rating
3.8 / 5
Benson's overall conviction in this stock right now.
Risk
High risk
How bumpy the ride tends to be with this stock.

Track record

How this pick has done since Benson first called it.

Benson Return
+4%
How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
First pick price
~$1
Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
Tracking since
July 2026
The month this stock first became a Benson pick.
Tracking duration
0 months
How long Benson has been tracking this pick.

About Soluna

Soluna builds green data centers right next to wind and solar farms, using the extra electricity those farms would otherwise waste. Think of it like setting up a computer warehouse beside a power plant to soak up cheap, leftover power. That energy runs Bitcoin mining today and, more and more, artificial intelligence computing rented out to other companies.

The case for and against

Both sides of the story, in plain English.

Bull case
  • Cheap Power Edge

    Soluna gets electricity for around 34 dollars per megawatt hour, one of the lowest costs in its industry, by grabbing renewable power that would otherwise go to waste. Its pipeline of future projects grew 54 percent last year to 4.3 gigawatts, a massive runway of potential capacity. In the most recent quarter revenue jumped 58 percent from a year earlier.

  • The AI Pivot

    The company is shifting from just mining Bitcoin toward renting out computing power for artificial intelligence, which pays far more per megawatt. It signed a joint venture to unlock over 100 megawatts of AI capacity and ended last year with about 89 million dollars in cash, up from just 10 million a year earlier.

Bear case
  • Burning Cash

    This is not a profitable company. It lost about 57 million dollars last year and another 18 million in the most recent quarter, and its net margin is deeply negative. Soluna is spending heavily to build sites long before that spending turns into steady profit.

  • A Wild Ride

    The stock is extremely volatile and has swung from under one dollar to over five dollars in the past year. To fund growth the company keeps issuing new shares, which waters down existing owners, and a big chunk of its revenue still rises and falls with the price of Bitcoin. This is a speculative bet, not a steady investment.

How to read this page

This automated research summary uses Financial Modeling Prep market data through 2026-08-03. Model signals, scores, and risk labels can change and may be incomplete or wrong.

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