Soluna signs $20 million financing agreement with Spring Lane Capital
2025-06-12 06:14:15
Nasdaq-listed Soluna Holdings, which develops green data centers for intensive computing applications such as bitcoin mining and artificial intelligence, has announced a $20 million financing agreement with private equity firm Spring Lane Capital, which will be used to launch its user data center project Project Kati. It is reported that Spring Lane Capital has also signed another agreement with Soluna, which will provide up to $100 million in additional project-level capital for the Soluna project.
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