Soluna Holdings has completed a $20 million financing round to enhance its Kati project in Texas, emphasizing sustainable practices in Bitcoin mining and AI applications.
Soluna Holdings announced a successful $20 million financing round to further develop green data centers for Bitcoin mining and AI, with participation from Spring Lane Capital. The funds will support the expansion of the Kati green data center project in Texas, with construction slated to begin in Q3 2025 and initial operations expected in Q1 2026.