Crypto mining company Soluna receives up to $100 million credit line from Generate Capital
TechFlame
2025-09-17 11:56
TechFlame2025-09-17 11:56
English
According to TechFlame, Bitcoin mining and AI data center developer Soluna announced a credit agreement of up to $100 million with Generate Capital, with an initial withdrawal of $12.6 million and an annual interest rate of around 15%. The funds will be used to refinance and build the Texas Project Dorothy data center. Soluna has previously received over $30 million in funding from Galaxy Digital, Spring Lane Capital, etc.