Bitcoin miner TeraWulf Inc. today announced its financial results for the second quarter ended June 30, 2025. Revenue for the second quarter of 2025 was $47.60 million compared to $35.60 million in the second quarter of 2024. BTC mining capacity increased 45.5% year-over-year to 12.8 EH/s.
As of June 30, 2025, the company held $90 million in cash, cash equivalents, and bitcoin. Total outstanding debt is approximately $500 million, including the company's convertible senior notes due 2030 with a coupon rate of 2.75%. As of August 6, 2025, TeraWulf had issued 391,926,373 shares of common stock.
TeraWulf's revenue for the second quarter of 2025 is $47.60 million
2025-08-08 11:42:31
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