BUSINESSTHE BLOCK
TeraWulf’s $21 million HPC revenue surpasses bitcoin mining for first time in Q1
TeraWulf's High-Performance Computing (HPC) revenue reached $21 million in Q1, surpassing its bitcoin mining revenue for the first time. This shift indicates a change in the company's revenue streams. TeraWulf is transitioning from a pure-play bitcoin miner to a more diversified business.