How did TeraWulf's revenue and expenses trend in Q4 2024?

**Terawulf's revenue and expenses in Q4 2024 are not currently available.** However, insights into the company's financial performance and trends in previous quarters can be inferred from available data. 1. **Revenue Trends**: - TeraWulf reported a 42.8% revenue increase in Q3 2024, reaching $27.1 million. This growth was driven by a 100% boost in self-mining capacity to 10.0 EH/s, despite a 43.4% drop in self-mined bitcoin. - The full year 2024's revenue was expected to be $157.78 million, with Q3 contributing significantly to this total. 2. **Expense Trends**: - Cost of revenue (exclusive of depreciation) increased to $14.7 million in Q3 2024, up from $8.3 million in the same period in 2023. This indicates a rise in operational costs. - Power cost per bitcoin self-mined increased year-over-year, reaching $30,448 per bitcoin in Q3 2024, up from $9,322 per bitcoin in Q3 2023. This suggests that operational expenses, particularly related to energy costs, have risen significantly. 3. **Strategic Moves Impact**: - TeraWulf's strategic moves, such as the sale of the Nautilus JV interest and the expansion of its Lake Mariner facility, have likely influenced revenue and expense trends. These moves reflect the company's focus on optimizing operations and investing in growth areas like high-performance computing. 4. **Financial Outlook**: - TeraWulf has a market capitalization of $3.26 billion, indicating market optimism about its future prospects. The company has also raised significant capital through a bond offering and a stock buyback program, which could impact future revenue and expense dynamics. In conclusion, while specific figures for Q4 2024 are not available, TeraWulf's revenue showed strong growth in Q3 2024, driven by increased self-mining capacity. However, operational costs, particularly related to energy, have risen. Strategic shifts and capital raises position the company for future growth, although challenges in Bitcoin mining output remain.