Bitcoin mining company TeraWulf discloses full-year 2025 performance: total revenue of $168.5 million, up 20.3% year-over-year, with HPC leasing business contributing $16.9 million; net loss widened to $661.4 million (2024: $72.4 million), non-GAAP adjusted EBITDA loss of $23 million. Fourth quarter digital asset revenue was $26.1 million, a decrease quarter-over-quarter (Q3: $43.4 million), mainly due to lower Bitcoin production and prices; HPC leasing revenue was $9.7 million, an increase quarter-over-quarter (Q3: $7.2 million). (The Block)

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