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Soluna secures $100 million credit facility, issues warrants for purchasing 4 million shares

Soluna Holdings (SLNH) announced in a press release that it had closed a scalable credit facility of up to 100millionwithGenerateCapital,PBCtorefinanceandconstructitsgreendatacenterprojects,drawinganinitial100 million with Generate Capital, PBC to refinance and construct its green data center projects, drawing an initial 12.6 million to fund active builds and refinance existing assets. Get these headlines directly to your inbox: subscribe to Blockspace. The facility includes a delayed‐draw tranche of $22.9 million earmarked for continued development of Project Dorothy 2 and the forthcoming Project Ka ...