Soluna gets $5M in non-dilutive debt financing from Galaxy Digital

Soluna Holdings (SLNH), announced that it has successfully closed a $5M loan facility with Galaxy Digita Galaxy , a financial services and investment management innovator in the digital asset and blockchain technology sectors. The loan will have a five-year term. It is secured, with limited recourse to the parent company-highlighting the strength of project-level standalone cash flows and the ability to attract institutional financing. The Company has the right to prepay the loan, in whole or in part, at any time, subject to certain requirements defined by the Loan Agreement. “This deal underscores the strength of our project cash flows and demonstrates investor confidence in our ability to monetize energy through AI and Bitcoin mining,” said John Belizaire, CEO of Soluna Holdings, Inc. “Simply put, the assets we build are durable and very, very valuable. With this financing, we gain access to additional capital to accelerate our execution-without diluting our shareholders.”