
AiCoin|Sep 17, 2025 12:07
[Soluna Secures $100 Million Credit Facility from Generate Capital]
On September 17, Bitcoin mining and AI data center developer Soluna announced a credit agreement with Generate Capital for up to $100 million, with an initial draw of $12.6 million at an annual interest rate of approximately 15%. The funds will be used for refinancing and construction of the Project Dorothy data center in Texas. Soluna had previously raised over $30 million from institutions such as Galaxy Digital.
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