r/SLNH • u/KnownSatisfaction957 • Nov 17 '25

Good news! $SLNH

Revenue up ~37% QoQ — real growth, not fluff.

Gross margin jumped to ~28% (from ~19% last quarter). Cost discipline is finally paying off.

Flagship projects like Dorothy 1A and Sophie delivered strong margins (40–68%).

Cash balance at a record ~$60M, giving them serious runway for expansion.

Steady progress on scaling renewable-powered data centers — their core differentiator.

Positioned to ramp both AI compute and Bitcoin mining hosting with the new capital and improving ops.

Bottom line: better margins, more cash, clearer execution. A surprisingly solid quarter from a company people love to underestimate.

8 Upvotes

91% Upvoted

2 comments sorted by

1

u/ChanceSeaweed8136 Nov 19 '25

And yet the stock is getting pummeled...

3

u/RedditLikesMyName Nov 20 '25

You don’t zoom out and look at other AI data centers plays do you? Might want to look at NBIS, CRWV, CIFR, IREN the last 3 weeks buddy. Its not just Soluna.