TeraWulf swings to Q3 2026 net profit of $709.53 million

Bitget2026/11/06 12:03

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TeraWulf swung to third-quarter 2026 net income attributable to shareholders of $709.91 million, benefiting from a non-cash change in warrant fair value.
Revenue rose 51% year-over-year to $76.23 million, while HPC lease revenue increased to $62.99 million.
Lake Mariner operated 102 MW of revenue-generating critical IT capacity, with another 336 MW under construction.
A lease with Anthropic covers approximately 401 MW of critical IT capacity, representing approximately $19 billion of contracted revenue.
The annual target remains contracting 250–500 MW of incremental critical IT capacity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Terawulf Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611060700PRIMZONEFULLFEED9872042) on November 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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TeraWulf swings to Q3 2026 net profit of $709.53 million

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