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by: xpoolPosted on: May 9, 2025

TeraWulf Reports Wider Q1 Loss, Driven by Revenue Decline

TeraWulf Inc.’s first-quarter 2025 loss widened to $61.4 million, accompanied by a significant decline in revenues to $34.4 million. This is attributed to rising operational costs under challenging market conditions marked by the recent Bitcoin halving and increased network difficulty. The company is facing ongoing pressures within the bitcoin mining sector.

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