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📰 【TeraWulf's AI computing revenue surpasses Bitcoin mining in a loss of $427 million】
The publicly traded Bitcoin mining company and data center operator TeraWulf announced a severe net loss in the first quarter, with its AI business revenue surpassing Bitcoin revenue.
$WULF A typical case of false advertising. A loss of $427 million in Q1, AI computing power revenue exceeds mining? This is not a transformation; it's being forced to jump off a building. Mining costs are high, computing power is over-competitive, and they can only use AI as a cover-up. The electricity bills for data centers won't lie; Wall Street wants profits, not stories. 👇👇👇👇👇