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Soluna receives $100 million in credit financing, with Generate Capital participating

Source: ForesightNews
Soluna Holdings, Inc. (NASDAQ: SLNH), a Nasdaq-listed company that develops green data centers for intensive computing applications such as Bitcoin mining and artificial intelligence, announced a scalable line of credit of up to $100 million with infrastructure investment company Generate Capital, PBC. The first $12.6 million funding will be used to refinancing and construction of active data center projects, while providing additional funding for Soluna’s 1 GW and expansion projects.
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