TeraWulf’s AI Compute Revenue Outpaces Bitcoin Mining Amid $427 Million Loss – Decrypt
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...
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