BlockBeats News, September 17th – Bitcoin mining and AI data center developer Soluna announced a credit agreement with Generate Capital for up to $100 million, with an initial drawdown of $12.6 million and an annual interest rate of approximately 15%.
The funds will be used for the refinancing and construction of the Texas Project Dorothy data center. Soluna has previously raised over $30 million from Galaxy Digital, Spring Lane Capital, and others. (TheMinerMag)
