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TeraWulf's AI Revenue Surges 117% but Posts $427M Loss

Posted on May 9, 2026
By Cointelegraph
0 Views
1 min read

TeraWulf's AI Revenue Surges 117% but Posts $427M Loss

TeraWulf reported $34 million in Q1 2026 revenue, with AI compute accounting for 60% of the total, but posted a $427 million net loss as Bitcoin mining revenue fell 50% year-on-year.