TeraWulf's AI Compute Revenue Outpaces Bitcoin Mining Amid $427 Million Loss

BTC

BTC/USDT

$85,225.63

+1.96%

$85,225.63

+1.96%

(24s)

24h Volume

$19,476,994,385.77

24h H/L

$85,255.00 / $83,346.66

Change: $1,908.34 (2.29%)

Long/Short

56.9%

Long: 56.9%Short: 43.1%

Funding Rate

+0.0020%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,562.97

▲ 0.18%

Volume (24h): -

Resistance Levels

Resistance 3$99,648.20

Resistance 2$94,549.91

Resistance 1$85,369.74

Price$84,562.97

Support 1$84,364.01

Support 2$81,128.61

Support 3$77,001.87

Pivot (PP):$84,075.87

Trend:Uptrend

RSI (14):65.8

Decrypt Editorial

(08:29 PM UTC)

1 min read

Shares in TeraWulf (WULF) fell on the day after the firm reported a $446 million loss in Q1.
The firm reported revenues of $34 million, 60% of which are now attributed to its expansion into AI HPC.
Meanwhile its Bitcoin mining revenues fell 50% quarter-over-quarter to around $13 million.

Shares in publicly traded Bitcoin miner TeraWulf (WULF) finished the trading day down 2.6% after…