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Benzinga
Benzinga
Business
Akanksha Bakshi

Soluna Unlocks Massive Growth With Strategic Settlements And Funding

Nasdaq Bitcoin blockchain NYDIG Texas
Futuristic,Concept:,Data,Center,Chief,Technology,Officer,Using,Laptop,,Standing

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.

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