PANews news on July 22, according to Business Wire, Nasdaq-listed Soluna Holdings, which develops green data centers for intensive computing applications such as Bitcoin mining and artificial intelligence, announced the completion of a new round of $20 million financing, with Spring Lane Capital participating. The new funds will be used to expand the green data center project in Kati, Texas, further expanding its Bitcoin hosting business. The project is planned to break ground in the third quarter of 2025 and achieve initial power-up and business launch in the first quarter of 2026.
Soluna Holdings Completes $20 Million Financing to Advance Green Data Center Project in Kati, Texas
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