TeraWulf reported second-quarter 2026 results, generating quarterly revenue of $447.67 million, including $319.32 million in HPC leasing income. TeraWulf has already brought online 102 MW of revenue-generating IT capacity at its Lake Mariner facility in New York, with an additional 336 MW under construction, at an IT capacity cost of $8 million to $10 million per MW. TeraWulf secured up to 1 GW of power services through the acquisition of the Muskie Data Campus in Kentucky and 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.
TeraWulf Reports Q2 2026 Revenue of $44.77M
AiCoinShare
Summary
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 constructing an additional 336 MW at a cost of $8–10 million per MW. TeraWulf acquired Kentucky’s Muskie Data Campus for up to 1 GW and signed a 20-year lease agreement with Anthropic for 401 MW, valued at $19 billion. New token listings and inflation data remain key factors for market participants.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.