TeraWulf Says AI Leasing Now Generates 83% of Revenue as Bitcoin Mining Recedes
TL;DR: TeraWulf’s November 6 earnings launch exhibits $63 million in third-quarter high-performance-computing lease income, round 83% of its $76.2 million whole. The firm is more and more an AI infrastructure enterprise, though massive non-cash beneficial properties and long-dated development plans require cautious studying. TeraWulf is turning into a transparent instance of how the economics of…