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

BTC

BTC/USDT

$77,595.99

+8.91%

$77,595.99

+8.91%

(24s)

24h Volume

$43,168,069,961.92

24h H/L

$77,595.99 / $71,132.00

Change: $6,463.99 (9.09%)

Long/Short

51.6%

Long: 51.6%Short: 48.4%

Funding Rate

+0.0064%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$76,374.00

▲ 4.58%

Volume (24h): -

Resistance Levels

Resistance 3$82,048.13

Resistance 2$78,313.77

Resistance 1$76,859.07

Price$76,374.00

Support 1$74,649.36

Support 2$72,756.22

Support 3$70,151.58

Pivot (PP):$71,775.79

Trend:Uptrend

RSI (14):84.3

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…