TeraWulf Inc. (WULF)
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- GuruFocus.com
TeraWulf Inc (WULF) Q1 2024 Earnings Call Transcript Highlights: Strategic Growth and Financial ...
Discover how TeraWulf Inc (WULF) is navigating the complexities of Bitcoin mining and high-performance computing to secure robust financial and operational results.
- GlobeNewswire
TeraWulf Reports First Quarter 2024 Financial Results
Self-mined 1,057 bitcoin in Q1 2024, an 8.9% increase over Q4 2023, on a total installed hashrate of 8.0 EH/s. Q1 2024 revenue grows 82.2% over Q4 2023 to $42.4 million. Q1 2024 Non-GAAP Adjusted EBITDA increases 95.4% over Q4 2023 to $32.0 million. Paid down approximately $63.6 million of debt so far in 2024, demonstrating the power of low-cost, profitable operations. On track to reach ~10.2 EH/s in Q3 2024, with plans to grow to ~13.3 EH/s by Q1 2025. EASTON, Md., May 13, 2024 (GLOBE NEWSWIRE)
- GlobeNewswire
TeraWulf Announces April 2024 Production and Operations Update
8.0 EH/s of installed and operational self-mining capacity Mining fleet achieved a Company record of 98% utilization Building 4 (35 MW) at Lake Mariner nearing final construction, providing path to 10.0 EH/s by mid-2024 EASTON, Md., May 02, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), owners and operators of vertically integrated, domestic bitcoin mining facilities powered by 95% zero-carbon energy, today provided an unaudited monthly production and operat
