Soluna Holdings, Inc. (NASDAQ: SLNH), a developer of green data centers for intensive computing, announced significant revenue growth in 2024, reaching $38 million, and outlined its strategic shift towards high-performance computing (HPC) and artificial intelligence (AI) infrastructure alongside its Bitcoin hosting operations.Soluna Holdings, Inc. achieved more than 80% revenue growth in 2024, reaching $38 million, and reported positive cash flow from its Bitcoin Hosting business. During this period, Project Dorothy 1A and 1B were brought into full-year operation, and the company launched its Demand Response Services (DRS), which generated $2.1 million in new revenue.Project Dorothy 2, representing a 64% expansion in hosting capacity, has been energized and is projected to reach 48 MW by the close of the year. Concurrently, Soluna simplified its capital structure and secured flexible funding through a $25 million SEPA facility. A strategic decision was also made to exit the HPE contract, allowing for the redeployment of resources towards dedicated AI and HPC infrastructure, an area identified with high demand and strategic advantage.Soluna’s development pipeline now surpasses 773 MW across wind, grid, and solar-powered computing projects, following the addition of Project Annie, its first solar-powered site with 75 MW. Project Kati, a 166 MW site, is described as shovel-ready, with Project Rosa (187 MW), Project Hedy (120 MW), and Project Ellen (100 MW) in active development.For 2025, Soluna plans to ramp Project Dorothy 2 to full capacity to further increase recurring revenue from Bitcoin Hosting. The company also intends to break ground on Project Kati, which is envisioned as a flagship site for hybrid Bitcoin and AI workloads, and advance Project Rosa, a 187 MW site for large-scale computing. The pipeline is expected to expand and be de-risked, potentially exceeding 2.8 GW of AI and Bitcoin hosting capacity. Additionally, Soluna aims to form new joint ventures to deploy capital efficiently and enter the AI infrastructure market with industry leaders, while also strengthening its balance sheet, reducing debt, and increasing ownership stakes in high-performing projects.Soluna’s core mission involves leveraging computing as a catalyst to make renewable energy a global superpower. The company designs, develops, and operates digital infrastructure that transforms surplus renewable energy into global computing resources. Its 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. Soluna’s proprietary MaestroOS™ software assists in energizing the grid while providing cost-effective and sustainable computing solutions.Soluna’s annual shareholder meeting is scheduled for August 18, 2025, at 10:00 AM EDT. Further updates, including an Earnings Power Presentation, are expected in the coming weeks.