According to The Block, TeraWulf’s high-performance computing business overtook its bitcoin mining segment for the first time in Q1 2026. HPC lease revenue reached $21 million, surpassing digital asset revenue of just under $13 million as the company ramps up long-term compute contracts. At its Lake Mariner facility in New York, TeraWulf reported 60 megawatts of HPC capacity now generating revenue, with additional buildings slated to come online later this year.
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