Soluna Holdings (SLNH) Unleashes First Batch of NVIDIA GPUs

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Soluna Unleashes First Batch of NVIDIA GPUs, Targeting $80 Million Revenue Over Three Years

June 24, 2024 8:00 AM UTC

Raises $12.5 Million and Secures Sustainable Hosting for Generative AI Workloads

ALBANY, N.Y.--(BUSINESS WIRE)-- Soluna Holdings, Inc. (SHI or the Company), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced today it has successfully raised a credit facility of $12.5 million at its new subsidiary Soluna Cloud, Inc., marking the completion of the first tranche in a larger fundraising effort led by... More