Terawulf Announces 2026 Q3 Financial Report, with Revenue of 76.2 Million US Dollars
2026-11-06 20:08:27
According to CoinMeta, Wu said that US Bitcoin mining company Terawulf released its financial report for the third quarter of 2026, showing revenue of $76.2 million, of which HPC rental income amounted to $63 million, accounting for about 83% of the total revenue. This indicates that the company's business focus is shifting from Bitcoin mining to AI high-performance computing data centers. The quarterly net profit was approximately $709.9 million, mainly affected by non-cash changes in the fair value of warrants. As of September 30th, Lake Mariner had operated 102 MW key IT capacities, with another 336 MW under construction. The company has signed a 20-year lease agreement worth approximately $19 billion with Anthropic, and has also received Google credit support. The power capacity of the Muskie campus has been expanded to 1 GW, and the company reiterated its goal to add 250–500 MW key IT capacities each year.
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