Bitcoin mining firm TeraWulf raised $17M of capital in Q3, but cash reserves remain low

11/15 02:40

According to Coindesk, bitcoin mining company TeraWulf (WULF) raised $17 million in capital in the third quarter, but its liquidity remains at $4.5 million, according to a statement on its third quarter earnings released after the market close on Monday. The Monday statement said that $138.5 million of principal under the term loan was outstanding at the end of the quarter. TeraWulf's costs of revenue increased dramatically in the quarter as energy prices in New York State, where it mainly operates, soared while it increased its energy demand with new operations. The miner paid 134% in costs per dollar of revenue, compared to 43% in Q2.
bullishbullishbullish看漲bearishbearishbearish1按讚分享
免責聲明以上內容不代表 HTX 的任何立場HTX 不為任何交易提供相關決策建議

相關文章

  • Image

    Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

  • Image

    Galaxy Weighs Theories After $8.3M Bitcoin Burn Mystery

  • Image

    This Bitcoin Index Just Entered The High Risk Territory As Price Stalls

全部評論0最新熱門

avatar
最新熱門

相關文章

  • Image

    Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

  • Image

    Galaxy Weighs Theories After $8.3M Bitcoin Burn Mystery

  • Image

    This Bitcoin Index Just Entered The High Risk Territory As Price Stalls