Soluna Holdings, Inc. provided a comprehensive overview of their November 2025 project site-level operations, developments, and updates in the green data center industry for intense computing applications like Bitcoin mining and AI.
The company highlighted key corporate metrics including a significant revenue growth of 37% sequentially, a rise in gross profit to 28%, and a record cash balance of $60 million.
Additionally, Soluna achieved milestones like the completion of the Dorothy 2 expansion and the commencement of Project Kati, a 166 MW wind-powered data center under construction.
Strong Revenue Growth
Soluna reported a 37% sequential revenue growth, showcasing a robust financial performance in the third quarter of 2025.
Expansion Milestones
The completion of the Dorothy 2 expansion energized the site, boosting the operational capacity by 64% at the West Texas campus.
Project Kati Progress
Project Kati, a 166 MW wind-powered data center, witnessed significant progress with the release of a groundbreaking video and the publication of a FAQ resource.
- Soluna's operational and financial achievements indicate a strong growth trajectory in the green data center sector, positioning the company as a key player in intensive computing applications.
- The successful deployment of new projects like Dorothy 2 and ongoing developments in Project Kati demonstrate Soluna's commitment to innovation and sustainability in data center operations.
Soluna Holdings, Inc.'s recent updates underscore their dedication to advancing green data center technologies and their strategic positioning in the competitive landscape of Bitcoin mining and AI computing. With robust financial performance and milestone achievements, Soluna continues to drive innovation and sustainability in the industry.