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⚡Spark — @TeraWulfInc Reports $79M Loss
@bitcoin miner TeraWulfI posted a net loss of $79M in H1 2025, driven by continued investments in high-performance computing and mining. Operating costs (ex-depreciation) hit $22M, up from $13.9M in Q2 2024.
Shares rose 3% at open but are now down nearly 4%. CEO Paul Prager says the firm will keep building scalable, sustainable infrastructure for HPC hosting and proprietary @Square-Creator-460991791 mining.
#TeraWulf BTCMining #HPC CryptoMining #Bitcoin