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Article Cointelegraph

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

Cointelegraph May 9, 2026 · 2:23 pm Read Original
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−100 Bearish 0 +100 Bullish
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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Article Info
Source Cointelegraph
Published May 9, 2026 · 2:23 pm
Article ID s6zg3dr
Original URL Open source
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Neutral 0.0
−100Neutral+100
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