@Bitcoin miner TeraWulfI posted a net loss of $79M in H1 2025, driven by continued investments in high-performance computing and mining. Operating costs (ex-depreciation) hit $22M, up from $13.9M in Q2 2024.
Shares rose 3% at open but are now down nearly 4%. CEO Paul Prager says the firm will keep building scalable, sustainable infrastructure for HPC hosting and proprietary @BTC mining.
