TeraWulf Announces July 2023 Production And Operations Updates; Self-Mined 330 BTC In July For A Total Of 1,771 BTC Mined Year To Date
Portfolio Pulse from Happy Mohamed
TeraWulf Inc. (NASDAQ:WULF) has announced its production and operations update for July 2023. The company self-mined 330 BTC in July, bringing the total to 1,771 BTC mined year to date. This resulted in the highest monthly self-mining revenue in the company's history. The company also participated in several demand response events at the Lake Mariner facility. TeraWulf is expanding its Lake Mariner facility and construction of Building 3, which will house the next generation Antminer S19j XP bitcoin mining machines, is underway and targeted for completion by year-end 2023.
August 04, 2023 | 1:21 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
TeraWulf's successful mining operations and the highest monthly self-mining revenue in its history could potentially boost investor confidence and positively impact its stock price.
TeraWulf's successful mining operations and record-breaking self-mining revenue indicate strong operational performance, which could attract more investors and drive up its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100