TeraWulf Inc. has set its sights on achieving a High-Performance Computing (HPC) capacity of 200-250 MW by 2026. This ambitious target comes alongside securing a significant $1 billion contract with Core42. In 2024, the company doubled its revenue and adjusted EBITDA year-over-year, thanks to increased Bitcoin production and favorable pricing. CEO Paul Prager highlighted this year as transformational for TeraWulf, showcasing the company’s growth and strategic direction.
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