Daily Market Updates: TeraWulf HPC leasing revenue rises 52% in Q2, boosting its lead

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TeraWulf HPC leasing revenue rises 52% in Q2, boosting its lead

HPC leasing made up about 71% of TeraWulf’s $44.8 million Q2 revenue, up from 62% the prior quarter.

Reported · Written up by our desk · Market Structure

TeraWulf’s high performance computing, or HPC, leasing revenue climbed 52% in the second quarter, helping the company widen its lead in the bitcoin mining supply chain, according to The Block.

The outlet said HPC leasing accounted for roughly 71% of TeraWulf’s $44.8 million Q2 revenue, compared with 62% in the prior quarter.

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Sources

The BlockTeraWulf’s HPC leasing revenue jumps 52%, widening lead over bitcoin mining

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TeraWulf HPC leasing revenue rises 52% in Q2, boosting its lead

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