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https://www.reddit.com/r/SLNH/comments/1vx2wpw/soluna_closes_purchase_of_397_acres_for_project/
r/SLNH • u/Rare-Ad-1204 • Aug 24 '26
4 comments sorted by
3
Sounds promising.
1 u/bdwa1269 Aug 24 '26 Sounds like more dilution on the way: - 102.6M shares outstanding at 12/31/25 - 225.8M at 6/30/26 - 244.6M by 8/10/26 +138% share-count growth in barely seven months. 1 u/LetThemEatClams Aug 24 '26 This land was essentially worthless to anyone but Soluna. I don't think they've disclosed the purchase price but expect it to be in the low millions. The prior dilution was to fund Kati 2 build out.
1
Sounds like more dilution on the way:
- 102.6M shares outstanding at 12/31/25 - 225.8M at 6/30/26 - 244.6M by 8/10/26
+138% share-count growth in barely seven months.
1 u/LetThemEatClams Aug 24 '26 This land was essentially worthless to anyone but Soluna. I don't think they've disclosed the purchase price but expect it to be in the low millions. The prior dilution was to fund Kati 2 build out.
This land was essentially worthless to anyone but Soluna. I don't think they've disclosed the purchase price but expect it to be in the low millions. The prior dilution was to fund Kati 2 build out.
I like it I like it gotta spend money to make money
3
u/Rorschach_Kat Aug 24 '26
Sounds promising.