🚨TERAWULF Q1 LOSSES DEEPEN AS POST-#HALVING PRESSURES MOUNT

🔹Q1 2025 Net Loss: $61.4M — a sharp increase from $9.6M in Q1 2024.

🔹Revenue Drop: From $42.4M (2024) to $34.4M (2025).

🔹Rising Costs: Cost of revenue surged to $24.5M, making up 71.4% of income.

🔹Halving Impact: Bitcoin block rewards cut from 6.25 to 3.125 BTC.

🔹Operational Strain: Weather disruptions + higher network difficulty cited.

🔹Tariff Pressure: Trump-era tariffs on ASICs raise U.S. miner costs; led to 40% $BTC sell-off in March.