[TeraWulf Q3 Revenue Reaches $50.6 Million, Up 87% Year-on-Year] U.S. Bitcoin mining company TeraWulf released its Q3 financial report, with revenue reaching $50.6 million, an 87% year-on-year increase. Digital asset revenue amounted to $43.4 million. The company mined 377 Bitcoins this quarter, down from 555 Bitcoins in the same period last year, but the price increase offset the decline in production. TeraWulf stated that the revenue growth was driven by the expansion of computing power and the advancement of AI high-performance computing leasing business.