Soluna closes project-level funding to connect project dorothy to the texas grid

Albany, n.y.--(business wire)---- $slnh #slnh--soluna holdings, inc. (“shi” or the “company”), (nasdaq: slnh), the parent company of soluna computing, inc. (“sci”), a developer of green data centers for bitcoin mining and other intensive computing, has draw-down $1.186 million as part of an agreement with certain strategic parties announced in late january to raise sufficient capital to energize the first 50 mw phase of project dorothy. this funding did not involve the sale of the company's equity.
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