Soluna Unlocks Massive Growth With Strategic Settlements And Funding

Soluna Holdings Inc. (NASDAQ:SLNH) shares jumped on Tuesday after the company announced progress on multiple projects, including the near completion of its 48-megawatt Project Dorothy 2 data center in Texas and the groundbreaking of its 166-megawatt Project Kati facility. The company also secured a $100 million credit facility from Generate Capital and reached a settlement with NYDIG, removing key operational hurdles. The Albany, New York–based developer of renewable-powered data centers stated that the ...