TeraWulf: 71% of Q2 revenue came from HPC leasing
- —HPC leasing accounted for 71% of TeraWulf's Q2 2026 revenue
- —Revenue from bitcoin mining and digital assets fell year over year
- —Core Scientific's colocation share of revenue rose from 13% to 83%
- —Applied Digital's revenue jumped 322% but it posted a GAAP net loss
Why it matters: Miners are increasingly shifting to AI and HPC hosting, reducing their reliance on bitcoin prices.
Source: TokenPost