Soluna and Luxor Announce Turnkey Mining Success With BitMine

Soluna and Luxor Announce Turnkey Mining Success With BitMine

ALBANY, N.Y.--(BUSINESS WIRE)--Mar 27, 2025-

Scaling Hashrate Simplified: The Mining Model That Delivered for BitMine

IntroductionBitMine Immersion Technologies (OTCQX: BMNR), a growing player in the Bitcoin mining industry, faced a very common industry opportunity & challenge: how to bring hashrate online in the best way possible. The complexities of sourcing energy, power infrastructure, site development, running operations, ASIC procurement, software optimization, and hashrate management require a holistic approach and entail many operational risks.An experi…

Soluna Holdings and Luxor Announce Turnkey Mining Success With BitMine

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Soluna Secures $5 Million in Non-Dilutive Debt Financing from Galaxy Digital

ALBANY, N.Y.–(BUSINESS WIRE)–Soluna Holdings, Inc. (“Soluna” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced today that it has successfully closed a $5 million loan facility with Galaxy Digital (“Galaxy”) (TSX: GLXY), a financial services and investment management innovator in the digital asset and blockchain technology sectors. The loan will ha…