Mining data center developer Soluna to raise $2 million in equity

10/25 03:59

According to The Block, crypto mining data center developer Soluna Holdings has seen its stock drop more than 40% since Friday when it put forward an equity capital raise. The deal is priced at $1.44 per share, with the 1,388,889 shares totaling $2 million, the company said Monday. The new capital will be put towards the "acquisition, development and growth of data centers, including cryptocurrency mining processors," including its site in Texas. The company is currently developing a 50-megawatt data center connected to a wind farm in that state, which is expected to go online in the last quarter of 2022, the company said on its website. In addition to the $2 million in shares, Soluna is also issuing 593,065 shares to Spring Lane, which will raise at least an additional $850,000.
bullishbullishbullish1bearishbearishbearishBearish1Partilhar
Isenção de responsabilidadeO conteúdo acima não representa as posições da HTX.A HTX não faz quaisquer recomendações de negociação.

Artigos relacionados

  • Image

    Bitcoin Under Pressure As Selling Pressure Refuses To Ease In Sideways Market Conditions

  • Image

    AdEx Rebrands to heyAura, Pivoting to AI-Powered Web3 Wallet Assistant

  • Image

    Ethereum price prediction – Is a breakout to $2.1K ahead after ETH shakes out weak hands?

Todos os comentários0Mais recentePopular

avatar
Mais recentePopular

Artigos relacionados

  • Image

    Bitcoin Under Pressure As Selling Pressure Refuses To Ease In Sideways Market Conditions

  • Image

    AdEx Rebrands to heyAura, Pivoting to AI-Powered Web3 Wallet Assistant

  • Image

    Ethereum price prediction – Is a breakout to $2.1K ahead after ETH shakes out weak hands?