Why Soluna Stock Is Sliding Today as Bitcoin Rout and Nasdaq Selloff Hit Small AI Data-Center Bets
Soluna Holdings shares dropped 14.6% to $1.285 in heavy trading Friday, tracking declines in bitcoin and AI-linked infrastructure stocks. Bitcoin fell 4% to $60,857, while the Nasdaq-100 tracking QQQ slid 3.4%. Other data-center stocks, including Applied Digital and IREN, also posted double-digit losses. Soluna’s recent push into AI data centers has not offset pressure from bitcoin’s slide.