Soluna Holdings (NASDAQ: SLNH) experienced a significant stock surge of 94.44% on September 22, 2025, after securing a $100 million credit facility from Generate Capital. This funding is earmarked for Project Kati, a renewable-powered data center aimed at supporting Bitcoin mining and AI workloads.
The company boasts a 2.8 GW clean energy pipeline, with 1.023 GW in near-to-mid-term development, enhancing its position as a potential leader in high-performance computing and AI infrastructure. This strategic move underscores Soluna's commitment to sustainable energy solutions in the tech industry.
Soluna Holdings Soars 94% on $100M Credit Facility for Expansion
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.