News Explorer — TeraWulf's Q1 2026 Net Loss Surged to Over $427 Million, With AI Compute Revenue Beating Bitcoin Mining

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May 8, 8:29 pm

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TeraWulf's Q1 2026 Net Loss Surged to Over $427 Million, With AI Compute Revenue Beating Bitcoin Mining

TeraWulf (WULF) shares closed 2.6% lower after reporting a net loss of over $427 million in Q1 2026, a significant increase from the $61.4 million loss in Q1 2025. The company's revenue of $34 million was boosted by a 117% increase in AI compute sales.

TeraWulf (WULF) shares closed 2.6% lower after reporting a net loss of over $427 million in Q1 2026, a significant increase from the $61.4 million loss in Q1 2025. The company's revenue of $34 million was boosted by a 117% increase in AI compute sales.

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