Soluna signs a $20 million financing agreement with Spring Lane Capital

According to Golden Finance, Soluna Holdings, a Nasdaq listed company that develops green data centers for intensive computing applications such as Bitcoin mining and artificial intelligence, announced a $20 million financing agreement with private equity firm Spring Lane Capital to launch its user data center project Project Kati. It is reported that Spring Lane Capital has also signed another agreement with Soluna to provide up to $100 million in additional project level capital for the Soluna project.