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TeraWulf reports $76.2M Q3 revenue, driven by HPC leases, and confirms 2026 capacity growth targets.

Protocol Fundamentals
06 Nov 2026, 14:18 WIB
Crypto Briefing
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Bullish
TeraWulf reports $76.2M Q3 revenue, driven by HPC leases, and confirms 2026 capacity growth targets.

TeraWulf announced $76.2 million in revenue for Q3 2026, with high-performance computing leases contributing about 83% ($63 million) of that total. The company reaffirmed its fiscal 2026 goal to add 250 to 500 megawatts of critical IT capacity annually, supported by ongoing projects at Lake Mariner and the Justified Data Campus. Despite a net income of $709.9 million, this figure is largely due to non-cash accounting adjustments and does not reflect daily business cash flow. Key developments include a 20-year lease at Justified Data Campus and new agreements with Google and Fluor, positioning TeraWulf for significant future contracted revenue.

TeraWulf reported $76.2 million in revenue for Q3 2026, with high-performance computing leases making up about 83% of that total. For readers following the cryptocurrency market, here is Pluang's market snapshot as of Nov 06, 2026 19:01 WIB: out of 50 major cryptocurrencies, 4 rose and 45 fell today. Notable movers include XLM (Stellar) at Rp2.796 with a 7.45% decrease, THETA (Theta Network) at Rp2.669 down 6.94%, and SOL (Solana) at Rp1.632.863 down 6.85%.

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