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via Decrypt · By Decrypt Editorial

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

BTC

BTC/USDT

$61,579.54

-1.56%

$61,579.54

-1.56%

(24s)

24h Volume

$29,637,628,293.14

24h H/L

$63,239.06 / $59,102.70

Change: $4,136.36 (7.00%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

-0.0001%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$61,588.73

▲ 0.84%

Volume (24h): -

Resistance Levels

Resistance 3$68,215.38

Resistance 2$64,719.41

Resistance 1$62,731.90

Price$61,588.73

Support 1$61,067.23

Support 2$59,102.70

Support 3$52,643.43

Pivot (PP):$61,412.02

Trend:Downtrend

RSI (14):35.6

Decrypt Editorial

(08:29 PM UTC)

1 min read

Updated byMichael Roberts

1273 views

0 comments

In brief

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Decrypt Editorial · Decrypt

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