Svmuu News Nasdaq Listed Bitcoin Mining company TeraWulf released its 2025 financial report, reporting annual revenue of $168.5 million, a 20.3% year-over-year increase, with $16.9 million coming from its newly launched high-performance computing (HPC) leasing business.However, the company’s full-year net loss widened to $661.4 million, compared to $72.4 million in 2024; non-GAAP adjusted EBITDA was a loss of $23.1 million.In the fourth quarter, impacted by declining production and prices for the "Bitcoin," revenue from the digital assets business fell from $43.4 million in the third quarter to $26.1 million; during the same period, HPC leasing revenue rose from $7.2 million to $9.7 million.The company stated that 2025 marks a critical juncture in its strategic transformation. It has currently secured contracts for 522 MW of HPC capacity, with total revenue from related clients exceeding $12.8 billion, and has secured $6.5 billion in financing to support data center expansion.TeraWulf stated that it will continue to advance its AI and computing infrastructure deployment in the future to achieve more stable long-term cash flow. (The Block)