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New
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Pledge one crypto to borrow another
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VIP Wealth Hub
New
Customized wealth management empowers your assets growth
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Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
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Stake cryptos to earn in PoS products
BTC Staking
HOT
Stake BTC and earn 10% APR
GUSD Minting
New
Use USDT/USDC to mint GUSD for treasury-level yields
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- 🚀 #GateNewbieVillageEpisode5 ✖️ @Surrealist5N1K
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Soluna secures $20 million in funding from Spring Lane Capital to launch the Kati 1 project.
BlockBeats news, on July 22, according to a report by businesswire, data center developer Soluna Holdings, Inc. (NASDAQ: SLNH) announced today that it has completed its latest round of financing, funded by Spring Lane Capital (SLC), to support the expansion of its Kati project in Texas to 35 megawatts, officially launching the Kati 1 project. With this financing, Soluna plans to initiate the construction of the Kati 1 project in the third quarter of 2025 and aims to achieve preliminary power-up and gradual production in the first quarter of 2026. The new facility is designed to accommodate approximately 12,000 next-generation Bitcoin mining rigs.