TeraWulf (NASDAQ: WULF) reported a fourth-quarter loss of $0.29 per share and revenue of $35.84 million, both below expectations. Following this news, the stock price declined. Digital asset revenue dropped to $26.10 million due to decreases in Bitcoin production and price, while high-performance computing (HPC) leasing revenue increased to $9.70 million.
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TeraWulf (NASDAQ: WULF) reported a fourth-quarter loss of $0.29 per share and revenue of $35.84 million, both below expectations. Following this news, the stock price declined. Digital asset revenue dropped to $26.10 million due to decreases in Bitcoin production and price, while high-performance computing (HPC) leasing revenue increased to $9.70 million.