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TeraWulf Reports $35.8M Q4 Revenue Amid Mining Losses

Cointelegraph
TeraWulf missed Q4 earnings estimates with a $1.66 per share loss and $35.8M revenue, driven by falling Bitcoin prices.

Summary

TeraWulf, a US digital infrastructure company, reported a fourth-quarter loss of $1.66 per share, significantly missing analyst expectations of a $0.16 loss. Quarterly revenue totaled $35.8 million, comprising $26.1 million from digital assets and $9.7 million from high-performance computing (HPC), which was down from $50.6 million in the previous quarter and below the expected $44.1 million. Despite the quarterly shortfall, full-year revenue increased to $168.5 million in 2025 from $140.1 million in 2024. The company is pivoting towards AI and HPC, citing $12.8 billion in signed AI and HPC contracts expected to drive growth in 2026. TeraWulf also announced plans to double its total capacity to about 2.8 GW across five sites by acquiring facilities in Kentucky and Maryland, aiming to support growing AI demand.

(Source:Cointelegraph)