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TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines https://cointelegraph.com/news..../terawulf-doubles-ai #kripto #crypto #cointelegraph

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

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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