Soluna completes $32 million rights issue, pricing in accordance with Nasdaq rules.

Cointime2025/12/08 14:54

By: Cointime

Soluna Holdings, a Nasdaq-listed company developing green data centers for intensive computing applications such as Bitcoin mining and artificial intelligence, announced that it has completed a $32 million fundraising by issuing 18,079,144 common shares and corresponding Series C warrants at a price of $1.77 per share in accordance with Nasdaq pricing rules. The new funds will be used for operations, project equity investments, and general corporate purposes, including supporting high-performance computing application businesses such as Bitcoin mining and generative artificial intelligence.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Soluna completes $32 million rights issue, pricing in accordance with Nasdaq rules.

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