Soluna Holdings, a developer specializing in Bitcoin mining and AI data centers, has secured $20 million in seed funding. This investment, reported by Business Wire, will fuel the expansion of its Bitcoin hosting operations and data center projects within Texas. The company plans to use the capital to build out infrastructure catering to the growing demand for Bitcoin mining hosting solutions. Texas has become an increasingly attractive location for miners due to its favorable regulatory environment and relatively low energy costs. Soluna's expansion aims to capitalize on this trend and provide robust hosting services. The funds will also support the development of data centers to serve the burgeoning AI industry. This dual focus positions Soluna at the intersection of two rapidly evolving technological sectors. ```