Company Reduces Convertible Debt by Over $4 Million
Plans Capital Raise for New AI Venture
ALBANY, N.Y.–(BUSINESS WIRE)–$SLNH #SLNH–Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced its January project site-level operations, developments, and updates.
John Belizaire, CEO of Soluna Holdings, commented, “We’ve reached major milestones in 2023, and our unwavering commitment to operational excellence propels us forward as we make further strides to grow our business in 2024. I want to express my gratitude to our exceptional team for their ongoing commitment to our success.”
The Company has provided the following Corporate and Site Updates.
Corporate Highlights:
Reduction of Convertible Debt – Since the Company’s last quarterly report, $4.1 million of the principal amount of the outstanding convertible notes have been converted into 1,029,769 shar
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