Post by: Administrator on May 10, 2026, 04:42:59 PM
TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.
Source: TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines (https://cointelegraph.com/news/terawulf-doubles-ai-revenue-but-posts-427m-quarterly-loss-as-mining-income-declines?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)