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TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines

TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines

TeraWulf’s HPC lease revenue jumped 117% quarter-on-quarter to $21 million, but a $427 million net loss highlights the costs of transitioning from Bitcoin mining to AI infrastructure.

Why this matters

Bitcoin is showing up inside the Mining theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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