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TeraWulf Reports $427M Q1 Loss as Bitcoin Mining Revenue Falls

TeraWulf Reports $427M Q1 Loss as Bitcoin Mining Revenue Falls

2026-05-10

TeraWulfTeraWulf reported a wider first-quarter loss as weaker Bitcoin mining revenue weighed on results. The company also expanded its artificial intelligence infrastructure business. Its latest figures show a major shift in revenue toward high-performance computing services during the quarter. According to a report, the Bitcoin miner posted a net loss of $427 million for the […]

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