Soluna Holdings, Inc. (NASDAQ: SLNH), a company developing green data centers for intensive computing applications such as AI and Bitcoin mining, has announced it has regained compliance with The Nasdaq Stock Market LLC’s minimum bid price requirement.
Nasdaq notified the company that it had satisfied the requirements of Listing Rule 5550(a)(2). To achieve compliance, Soluna’s shares were required to maintain a minimum closing bid price of $1.00 for at least 10 consecutive business days. This criterion was met on October 2, 2025, leading Nasdaq to close the matter.
John Belizaire, CEO of Soluna Holdings, commented on the development, stating, “We’re pleased to have regained compliance and remain focused on executing our strategy and driving long-term shareholder value. With this milestone behind us, we’re continuing to build on our recent momentum and advance our mission to make renewable energy a global superpower, using computing as a catalyst.”
Soluna is now in full compliance with all Nasdaq continued listing requirements, and its stock will continue to be listed and traded on the Nasdaq Capital Market under the ticker “SLNH.” The company’s mission involves making renewable energy a global superpower through computing. It designs, develops, and operates digital infrastructure that converts surplus renewable energy into global computing resources. Soluna’s data centers are strategically co-located with wind, solar, or hydroelectric power plants to support high-performance computing applications, including Bitcoin Mining and Generative AI.
Their proprietary software, MaestroOS™, aims to energize a greener grid while providing cost-effective, sustainable computing solutions.