๐ FUNDING WATCH:
Soluna wants to increase its authorized shares from 375M to 1B as it works toward a massive 6.3 GW data-center pipeline.
But hereโs the part Iโm watching: only around 3% of that pipeline is currently energized.
The bigger picture is financing. More authorized shares donโt mean instant dilution, but another vote could open the door to additional equity sales through a $250M facility.
AI and Bitcoin expansion sounds exciting, but scaling infrastructure still needs serious capital. ๐
#Bitcoin #AI #crypto #Mining #Binance
Soluna wants to increase its authorized shares from 375M to 1B as it works toward a massive 6.3 GW data-center pipeline.
But hereโs the part Iโm watching: only around 3% of that pipeline is currently energized.
The bigger picture is financing. More authorized shares donโt mean instant dilution, but another vote could open the door to additional equity sales through a $250M facility.
AI and Bitcoin expansion sounds exciting, but scaling infrastructure still needs serious capital. ๐
#Bitcoin #AI #crypto #Mining #Binance
