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via Cointelegraph · By Cointelegraph Staff
TeraWulf's AI Revenue Surges 117% but Posts $427M Loss
BTC
BTC/USDT
$62,909.53
-0.26%
$62,909.53
-0.26%
(24s)24h Volume
$3,922,057,041.68
24h H/L
$63,390.00 / $62,716.00
Change: $674.00 (1.07%)
Long/Short
69.6%
Long: 69.6%Short: 30.4%
Funding Rate
+0.0029%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(02:23 PM UTC)
1 min read
Bitcoin miner TeraWulf posted a net loss of $427 million in the first quarter of 2026, up from the $61.4 million loss recorded in the same period a year earlier.
Total revenue for the quarter came in at $34 million, with high-performance computing (HPC) lease revenue accounting for $21 million, roughly 60% of the total and a 117% jump from the prior quarter, according to a Friday announcement.…
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