TeraWulf Q2 2026 Revenue Reaches $44.77M

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TeraWulf reported Q2 2026 revenue of $44.77 million, with $31.93 million from HPC leasing. The company currently has 102 MW of IT capacity operational in New York and is developing an additional 336 MW, with costs ranging from $80 to $100 million per MW. TeraWulf acquired Kentucky’s Muskie Data Campus for up to 1 GW of power and signed a 20-year lease agreement with Anthropic for 401 MW, valued at approximately $19 billion. New token listings and robust infrastructure growth continue to support the company’s expansion amid stable inflation data.

PANews, August 5: According to U.S. Securities and Exchange Commission filings, TeraWulf reported second-quarter 2026 results with quarterly revenue of $44.767 million, including $31.932 million in HPC leasing revenue, accounting for approximately 71%. The company currently has 102 MW of revenue-generating IT capacity operational at its Lake Mariner, New York facility, with an additional 336 MW under construction. The unit cost of IT capacity remains in the range of $8 million to $10 million per MW. TeraWulf has secured up to 1 GW of power services through the acquisition of the Muskie Data Campus in Kentucky and has signed a 20-year data center lease agreement with Anthropic at the Justified campus for approximately 401 MW, with an initial contract value of approximately $19 billion.

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