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TeraWulf Inc (WULF) Q3 2025 Earnings Call Highlights: Strategic Partnerships and Financial ... [Yahoo! Finance]

TeraWulf Inc. (WULF) 
Company Research Source: Yahoo! Finance
HPC Lease Revenue: Recognized $7.2 million with intra-quarter lease commencement resulting in 22.5 megawatts of energized hosting capacity. Bitcoin Mining: Self-mined 377 bitcoin, a 22% decrease from 485 bitcoin in the previous quarter. Cost of Revenue: Decreased by 22% from $22.1 million to $17.1 million. Operating Expenses: Increased 28% to $4.5 million from $3.5 million. SG&A Expense: Increased 17% to $16.7 million from $14.3 million; adjusted for stock-based compensation, increased to $12.3 million from $10.6 million. Depreciation: Increased to $26.5 million from $18.8 million. Net Loss: GAAP net loss of $455 million compared to $18.4 million in the previous quarter. Adjusted EBITDA: Improved 25% to $18.1 million from $14.5 million. Cash and Restricted Cash: Held $712.8 million as of September 30th. Total Assets and Liabilities: Total assets of $2.5 billion and total liabilities of $2.2 billion. Capital Markets Transactions: Closed over $4.2 billion, including Show less Read more
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