Soluna Seeks 1B-Share Vote as Just 3% of 6.3 GW Is Live
Only 192 MW of Soluna's 6.3 GW pipeline is energized today, so the vote is really asking holders to bankroll a buildout that exists mostly on paper.
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Only 192 MW of Soluna's 6.3 GW pipeline is energized today, so the vote is really asking holders to bankroll a buildout that exists mostly on paper.
The capacity gap highlights execution risk as miners borrow for AI infrastructure and sell Bitcoin for liquidity, making mining stocks less direct bets on Bitcoin.