Cryptelio

Mining 1 hour ago Cryptelio Editorial

TeraWulf Reports 83% Revenue from AI Leasing Amid Bitcoin Mining Decline

TeraWulf's latest earnings reveal a significant shift, with 83% of its revenue now coming from AI leasing as Bitcoin mining revenue decreases.

Latest

Mining · 2 months ago Riot Platforms Sells Bitcoin to Fund $9.1 Billion AI Data Center Lease Riot Platforms is liquidating Bitcoin holdings to finance a $9.1 billion lease for an AI data center, with initial rent starting in 2027. Infrastructure · 2 months ago Luke Dashjr Removed as Bitcoin BIP Editor After BIP-110 Proposal Failure Bitcoin developer Luke Dashjr has been removed as a BIP editor following the failure of his controversial BIP-110 proposal, which aimed to implement a soft fork on the network. Derivatives · 2 months ago India's Retail Traders Lost $9.6 Billion in Equity Futures and Options in FY 2026 In the fiscal year ending March 2026, Indian retail traders lost approximately $9.6 billion in equity futures and options, marking an 18% decline from the previous year due to stricter regulations. Companies · 2 months ago Bank of Russia Proposes Bitcoin, Ethereum, and USDT Trading for Retail Investors The Bank of Russia has unveiled a draft framework allowing retail investors to trade Bitcoin, Ethereum, and USDT, with a cap on annual purchases. Macro · 2 months ago NY Fed Reports Rise in Credit Card Balances Amid Declining Delinquency Rates The Federal Reserve Bank of New York's latest report reveals a $21 billion increase in credit card balances, reaching $1.26 trillion, while overall household debt continues to rise with a slight decline in delinquency rates. Adoption · 2 months ago ForumPay Introduces New Card and Bank Transfer Payment Solution for Merchants ForumPay has launched a new payment flow allowing merchants to accept card and bank transfers, enhancing payment flexibility without added operational burdens. Regulation · 2 months ago Iran and Oman Make Progress in Negotiations to Reopen the Strait of Hormuz Negotiations between Iran and Oman to reopen the Strait of Hormuz are advancing, with expectations of a deal soon amid ongoing tensions in the region. Companies · 2 months ago Twenty One Capital Reports $1.27 Billion Loss Amid Leadership Transition and Strategic Shift Twenty One Capital has reported a significant $1.27 billion loss for the first half of 2026, prompting a strategic shift under new CEO Raphael Zagury to expand beyond its Bitcoin treasury model. Funding · 2 months ago eToro to Acquire TradeZero for Up to $231 Million to Expand US Operations eToro has announced its acquisition of TradeZero, a US brokerage, in a deal valued at up to $231 million, aiming to enhance its offerings for active traders. Technology · 2 months ago Nvidia Launches Nemotron 3.5 Lightning and NeMo Switchyard to Optimize AI Workflows Nvidia has introduced the Nemotron 3.5 Lightning model and NeMo Switchyard library, aimed at enhancing enterprise AI efficiency and reducing costs. Macro · 2 months ago US Fires on Panama-Flagged Ship Amid Rising Tensions with Iran The U.S. military fired on a Panama-flagged ship in the Gulf of Oman, escalating tensions in the ongoing U.S.-Iran maritime conflict. This incident marks a shift towards direct military action as diplomatic resolutions remain elusive. Macro · 2 months ago Bitdeer Shares Plummet 19% Following Dilutive Offering and Earnings Miss Bitdeer Technologies experienced a significant 19% drop in stock value after announcing a dilutive offering and wider-than-expected quarterly losses, impacting investor confidence.