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TeraWulf Q3 Revenue Surges 87% to $50.6M on Bitcoin Rally and AI Expansion

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TL;DR

TeraWulf, a cryptocurrency mining company, experienced an 87% surge in Q3 revenue to $50.6 million, attributed to the Bitcoin rally and expansion into AI. The company's growth reflects the increasing demand for mining services amidst the crypto market boom.

Summary

TeraWulf, a cryptocurrency mining company, experienced an 87% surge in Q3 revenue to $50.6 million, attributed to the Bitcoin rally and expansion into AI. The company's growth reflects the increasing demand for mining services amidst the crypto market boom.

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By Amin Ayan

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