TeraWulf

TeraWulf reported an 87% year-over-year jump in Q3 revenue to $50.6 million, driven by Bitcoin price appreciation and a strategic move into AI-powered services. The results highlight growing institutional demand for crypto infrastructure and tech-driven diversification among miners.

TeraWulf reported Q3 revenue of $50.6 million, up 87% year-over-year, as a near-doubling in Bitcoin's average price to $114,390 more than compensated for reduced mining volume. The results highlight how price swings in the crypto market can reshape miner economics.

TeraWulf reported Q3 revenue up 87% year-on-year, driven by a surge in Bitcoin prices — average BTC in Q3 hit $114,390 versus $61,023 a year earlier. The miner’s results highlight tight correlation between BTC rallies and mining profitability amid shifting crypto market dynamics.

Bitcoin miner TeraWulf is reportedly seeking $3 billion in funding after announcing a significant 10-year, $3.7 billion AI compute deal with FluidStack. This move underscores TeraWulf's commitment to integrating AI technologies with crypto mining operations. Platforms like Bitlet.app offer innovative services such as Crypto Installments, enabling users to invest in cryptocurrencies more flexibly amid such growing industry advancements.