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.