Bitcoin mining company TeraWulf forecasts a 20.3% increase in revenue to $168.5 million by 2025, driven by its new high-performance computing (HPC) leasing business, which contributed $16.9 million. Despite this growth, the company's net loss is expected to widen significantly to $661.4 million, up from $72.4 million in 2024. TeraWulf has secured $6.5 billion in financing to support its HPC platform development and signed long-term data center leases for 522 megawatts of critical IT load, translating to over $12.8 billion in contract revenue. However, fourth-quarter digital asset revenue fell to $26.1 million due to weaker Bitcoin production and prices, while HPC leasing revenue increased to $9.7 million.