TeraWulf posted Q2 revenue of $44.8 million, including $31.9 million of HPC lease revenue, about 71% of total revenue.
Net loss attributable to stockholders widened to $939.92 million, or $1.94 per share, from $18.37 million, or $0.05 per share, a year earlier.
Operating loss widened to $140.45 million from $15.59 million; interest expense climbed to $56.39 million from $4.01 million.
Subsequent events
Subsequent events included a 20-year Anthropic lease for about 401 MW at Justified, and an agreement to sell its 50.1% Abernathy JV stake for about $530 million.
Liquidity and operations
Cash and restricted cash totaled about at quarter-end.
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