Soluna Holdings Inc., a developer of green data centers for high-intensity computing applications including Bitcoin mining and AI, released its latest business update. For the third quarter of 2025, the company reported a 37% sequential revenue growth, with gross profit rising to 28% and cash reaching a record $60 million. The company completed a 48 MW expansion at its flagship Dorothy 2 site in West Texas, increasing total operational capacity by 64% to 123 MW. Soluna also finalized deployments of 48 MW at Dorothy 2 and 7 MW at Project Sophie across new and expanding partnership agreements this year. Construction is underway at Project Kati, a 166 MW wind-powered data center, with significant progress reported on both infrastructure and tenant interest. Additional projects for AI and high-performance computing hosting, such as Project Grace and Kati 2, are advancing in development and design stages.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Soluna Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251209073404) on December 09, 2025, and is solely responsible for the information contained therein.
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