Morning Edition · Wednesday, August 26, 2026Published at 1:49 AM EDT · New York

Soluna asks shareholders to authorize a billion shares as bitcoin treasury and mining balance sheets tighten

The October vote would add 625 million authorized shares and allow sales above Nasdaq's 20% threshold, while rival miner Sphere 3D faces a tariff claim equal to 77% of its cash.

Soluna Holdings has scheduled shareholder votes for October 16 that would raise its authorized share count toward one billion, adding 625 million shares and permitting issuance above the 20% threshold at which Nasdaq rules normally require…