Skip to the content
MinerTerminal
BTDR $7.84CIFR $8.88CLSK $8.43CORZ $13.79HUT $69.04IREN $26.62MARA $7.48RIOT $13.77WULF $12.01
Sign in
TeraWulf logo

WULFNasdaq

TeraWulf Inc.

Investor relationsEDGAR filingsNewsroom

Tier 1US filer (10-K, 10-Q, 8-K)fiscal year ends 31 December

Formerly Ikonics Corp (to Dec 13, 2021) and Chromaline Corp (to Nov 22, 2002).

Close
Market cap
Close, one year$10.99 to $28.98
Guidance delivered none yet: no settled statement its words or a comparable number decide yet (0 settled without a verdict, 2 open, 2 reported results shown, not scored).
Average cost per bitcoin held
Not computed: the 10-Q gives only 2 bitcoin, a whole number.
Not computed: the 10-Q gives its holding as 2 bitcoin, a whole number, and a carrying basis of $135 thousand. A cost per bitcoin from a count rounded to the whole bitcoin could be wrong by a fifth or more, so none is given.
Cost per bitcoin mined
$97,486 per BTC
Quarter ended Jun 30, 2026. Includes depreciation, excludes SG&A and interest, covers the Lake Mariner Data Campus alone. TeraWulf's 'cost to mine one bitcoin' is a cash cost that does not include depreciation: the cost of energy per bitcoin mined (energy expense, net of expected demand response proceeds) plus the other direct costs of mining (non-energy utilities). A footnote of the filing adds the depreciation of its miner fleet to give a total 'cost to mine one bitcoin' with depreciation, which is this figure. Its table excludes SG&A and interest: the filing says costs related to raising capital, through equity and corporate-level debt, are not included. For the quarter ended Jun 30, 2026, with 179 bitcoin mined: the cost of energy was $44,402 a bitcoin (an energy expense of $7.9 million, net of expected demand response proceeds) and the other direct costs of mining $145, which is $44,547 without depreciation; $52,939 of miner fleet depreciation brings it to $97,486. The value of each bitcoin mined was $71,704, which the 10-Q computes as the weighted-average opening price of bitcoin on each day the mined bitcoin is earned. The table covers the Lake Mariner Data Campus alone; the 10-K's table for 2025 also included TeraWulf's net share of the Nautilus Cryptomine Facility. Source
Bitcoin per share
Not computed: the 10-Q gives only 2 bitcoin, a whole number.
Cost basis per share
Not computed: the 10-Q gives only 2 bitcoin, a whole number.

Key figures

  • Hashrate
    9.3 EH/s
    As of Dec 31, 2025, source
  • Fleet efficiency
    18 J/TH
    As of Dec 31, 2025, source
    The company gives it in watts per terahash, the same number as joules per terahash.
  • Bitcoin mined
    179 BTC
    Quarter ended Jun 30, 2026, source
  • Bitcoin held
    2 BTC
    As of Jun 30, 2026, source
  • Cost per bitcoin
    $97,486 per BTC
    Includes depreciation, excludes SG&A and interest, covers the Lake Mariner Data Campus alone. Quarter ended Jun 30, 2026, source
  • Power online
    102 MW
    As of Jul 31, 2026, source
  • Power under contract
    839 MW
    As of Aug 5, 2026, source
  • Power in development
    500 MW
    guidance
    Guidance, as of Oct 5, 2026, source
  • Adjusted EBITDA
    -$18.3M
    As of Jun 30, 2026, source
  • Cash and net debt
    $2.62B
    As of Jun 30, 2026, source
  • Average shares
    485.7M shares
    Quarter ended Jun 30, 2026, source

Not stated in the filings, releases or decks we read: Contracted revenue, AI and HPC revenue, Build cost per megawatt, Other crypto held.

Market

How prices are sourced

Daily closes through Oct 20, 2026.

WULFTeraWulf Inc.

Nasdaq, USD

Close
$12.01-0.05 (-0.4%)
After hours
Not on file

Want candlesticks, moving averages or other miners on the same chart? Open WULF in the Chart Studio.

1 day: The feed records one close per session; intraday prices are not on file. 10 years: First close on file Jan 4, 2021, after this range starts.

Oct 20, 2026, $12.01

WULF daily close

Closing price per share in the selected range. As of Oct 20, 2026.

Method and sources

WULF closed at $12.01 on Oct 20, 2026, -0.05 (-0.4%) from the prior close. 252 of 252 shown sessions carry sourced volume.

Covers
WULF 1Y window, Oct 20, 2025 to Oct 20, 2026
Unit
USD per share

Source: How prices are sourced

WULF daily close
PeriodWULF (USD per share)
Oct 20, 202513.85
Oct 21, 202513.14
Oct 22, 202512.62
Oct 23, 202512.88
Oct 24, 202513.71
Oct 27, 202513.64
Oct 28, 202515.94
Oct 29, 202514.50
Oct 30, 202514.82
Oct 31, 202515.50
Nov 3, 202516.10
Nov 4, 202515.01
Nov 5, 202515.36
Nov 6, 202514.28
Nov 7, 202513.94
Nov 10, 202514.30
Nov 11, 202512.37
Nov 12, 202512.64
Nov 13, 202511.68
Nov 14, 202510.99
Nov 17, 202511.05
Nov 18, 202512.00
Nov 19, 202512.23
Nov 20, 202511.56
Nov 21, 202511.29
Nov 24, 202512.63
Nov 25, 202513.94
Nov 26, 202514.84
Nov 28, 202515.51
Dec 1, 202515.30
Dec 2, 202514.22
Dec 3, 202514.43
Dec 4, 202515.10
Dec 5, 202514.50
Dec 8, 202514.96
Dec 9, 202515.59
Dec 10, 202515.76
Dec 11, 202515.83
Dec 12, 202514.33
Dec 15, 202512.49
Dec 16, 202512.99
Dec 17, 202511.57
Dec 18, 202511.79
Dec 19, 202512.52
Dec 22, 202512.47
Dec 23, 202512.42
Dec 24, 202512.31
Dec 26, 202511.75
Dec 29, 202511.42
Dec 30, 202511.15
Dec 31, 202511.49
Jan 2, 202612.74
Jan 5, 202613.62
Jan 6, 202613.18
Jan 7, 202612.49
Jan 8, 202612.84
Jan 9, 202613.10
Jan 12, 202613.81
Jan 13, 202614.14
Jan 14, 202614.21
Jan 15, 202613.83
Jan 16, 202613.85
Jan 20, 202613.33
Jan 21, 202613.12
Jan 22, 202612.89
Jan 23, 202614.12
Jan 26, 202613.79
Jan 27, 202615.31
Jan 28, 202615.11
Jan 29, 202614.54
Jan 30, 202613.37
Feb 2, 202613.44
Feb 3, 202614.80
Feb 4, 202613.88
Feb 5, 202611.92
Feb 6, 202614.29
Feb 9, 202616.65
Feb 10, 202616.63
Feb 11, 202616.03
Feb 12, 202615.91
Feb 13, 202616.26
Feb 17, 202616.18
Feb 18, 202615.38
Feb 19, 202615.47
Feb 20, 202615.01
Feb 23, 202615.68
Feb 24, 202617.56
Feb 25, 202617.92
Feb 26, 202617.88
Feb 27, 202616.22
Mar 2, 202616.02
Mar 3, 202614.74
Mar 4, 202615.37
Mar 5, 202615.23
Mar 6, 202613.75
Mar 9, 202613.85
Mar 10, 202614.35
Mar 11, 202615.22
Mar 12, 202614.67
Mar 13, 202614.67
Mar 16, 202616.41
Mar 17, 202616.04
Mar 18, 202615.30
Mar 19, 202615.74
Mar 20, 202615.10
Mar 23, 202616.19
Mar 24, 202616.22
Mar 25, 202616.86
Mar 26, 202615.35
Mar 27, 202614.89
Mar 30, 202613.70
Mar 31, 202614.43
Apr 1, 202614.48
Apr 2, 202614.88
Apr 6, 202615.55
Apr 7, 202616.57
Apr 8, 202618.05
Apr 9, 202619.03
Apr 10, 202618.87
Apr 13, 202619.45
Apr 14, 202620.95
Apr 15, 202619.67
Apr 16, 202619.31
Apr 17, 202620.64
Apr 20, 202620.50
Apr 21, 202619.77
Apr 22, 202620.55
Apr 23, 202620.37
Apr 24, 202620.01
Apr 27, 202621.43
Apr 28, 202620.80
Apr 29, 202620.02
Apr 30, 202621.73
May 1, 202621.31
May 4, 202622.29
May 5, 202623.49
May 6, 202625.74
May 7, 202624.02
May 8, 202623.39
May 11, 202623.37
May 12, 202622.80
May 13, 202623.12
May 14, 202624.17
May 15, 202622.32
May 18, 202621.14
May 19, 202621.34
May 20, 202621.63
May 21, 202622.92
May 22, 202622.82
May 26, 202625.18
May 27, 202626.74
May 28, 202626.40
May 29, 202625.56
Jun 1, 202625.66
Jun 2, 202626.49
Jun 3, 202626.16
Jun 4, 202626.19
Jun 5, 202624.00
Jun 8, 202625.86
Jun 9, 202625.30
Jun 10, 202623.19
Jun 11, 202625.35
Jun 12, 202626.06
Jun 15, 202628.17
Jun 16, 202628.01
Jun 17, 202627.86
Jun 18, 202628.98
Jun 22, 202628.31
Jun 23, 202628.78
Jun 24, 202626.97
Jun 25, 202626.06
Jun 26, 202625.83
Jun 29, 202625.58
Jun 30, 202624.70
Jul 1, 202623.58
Jul 2, 202621.18
Jul 6, 202622.21
Jul 7, 202620.24
Jul 8, 202622.83
Jul 9, 202623.20
Jul 10, 202621.97
Jul 13, 202620.89
Jul 14, 202619.41
Jul 15, 202619.37
Jul 16, 202617.98
Jul 17, 202618.16
Jul 20, 202618.86
Jul 21, 202619.87
Jul 22, 202619.49
Jul 23, 202620.05
Jul 24, 202618.46
Jul 27, 202617.98
Jul 28, 202617.09
Jul 29, 202615.09
Jul 30, 202617.82
Jul 31, 202617.66
Aug 3, 202618.83
Aug 4, 202618.88
Aug 5, 202618.07
Aug 6, 202617.62
Aug 7, 202617.08
Aug 10, 202616.20
Aug 11, 202616.75
Aug 12, 202617.19
Aug 13, 202616.31
Aug 14, 202617.38
Aug 17, 202617.60
Aug 18, 202615.62
Aug 19, 202615.50
Aug 20, 202616.45
Aug 21, 202615.64
Aug 24, 202615.48
Aug 25, 202616.32
Aug 26, 202615.97
Aug 27, 202616.49
Aug 28, 202615.35
Aug 31, 202615.13
Sep 1, 202614.65
Sep 2, 202614.82
Sep 3, 202616.23
Sep 4, 202616.51
Sep 8, 202617.86
Sep 9, 202617.13
Sep 10, 202616.14
Sep 11, 202616.74
Sep 14, 202615.47
Sep 15, 202614.49
Sep 16, 202615.39
Sep 17, 202616.47
Sep 18, 202617.01
Sep 21, 202617.45
Sep 22, 202617.33
Sep 23, 202616.35
Sep 24, 202616.29
Sep 25, 202615.74
Sep 28, 202615.12
Sep 29, 202615.09
Sep 30, 202614.80
Oct 1, 202614.91
Oct 2, 202615.49
Oct 5, 202614.79
Oct 6, 202614.97
Oct 7, 202614.40
Oct 8, 202613.65
Oct 9, 202613.77
Oct 12, 202613.37
Oct 13, 202613.21
Oct 14, 202611.54
Oct 15, 202612.62
Oct 16, 202611.68
Oct 19, 202612.06
Oct 20, 202612.01

WULF daily trading volume

Shares traded in each session in the selected range. As of Oct 20, 2026.

Method and sources

WULF recorded 38,164,144 shares of trading volume on Oct 20, 2026. Sourced volume is on file for 252 of 252 shown sessions.

Covers
WULF 1Y window, Oct 20, 2025 to Oct 20, 2026
Unit
shares

Source: How prices are sourced

WULF daily trading volume
PeriodVolume (shares)
Oct 20, 202523,362,931
Oct 21, 202524,538,033
Oct 22, 202541,497,226
Oct 23, 202520,010,619
Oct 24, 202527,325,197
Oct 27, 202517,835,909
Oct 28, 2025114,842,751
Oct 29, 202581,297,684
Oct 30, 202569,667,692
Oct 31, 202548,808,077
Nov 3, 202561,777,099
Nov 4, 202543,491,658
Nov 5, 202539,879,107
Nov 6, 202534,181,758
Nov 7, 202542,694,562
Nov 10, 202543,168,116
Nov 11, 202552,651,296
Nov 12, 202550,640,212
Nov 13, 202543,557,325
Nov 14, 202555,215,325
Nov 17, 202541,533,816
Nov 18, 202553,481,122
Nov 19, 202543,240,122
Nov 20, 202574,052,573
Nov 21, 202550,142,805
Nov 24, 202537,689,308
Nov 25, 202545,618,219
Nov 26, 202547,733,769
Nov 28, 202531,145,332
Dec 1, 202530,037,313
Dec 2, 202532,297,263
Dec 3, 202530,779,831
Dec 4, 202529,405,139
Dec 5, 202521,091,071
Dec 8, 202524,443,183
Dec 9, 202533,799,968
Dec 10, 202530,611,352
Dec 11, 202523,033,516
Dec 12, 202544,299,555
Dec 15, 202536,699,495
Dec 16, 202531,467,848
Dec 17, 202544,383,412
Dec 18, 202531,821,683
Dec 19, 202542,990,598
Dec 22, 202518,876,444
Dec 23, 202520,575,885
Dec 24, 20258,167,810
Dec 26, 202513,397,854
Dec 29, 202516,445,754
Dec 30, 202517,016,132
Dec 31, 202519,434,945
Jan 2, 202625,965,998
Jan 5, 202626,431,634
Jan 6, 202621,787,319
Jan 7, 202616,303,853
Jan 8, 202617,284,639
Jan 9, 202617,656,039
Jan 12, 202626,689,976
Jan 13, 202627,679,721
Jan 14, 202622,057,586
Jan 15, 202620,208,836
Jan 16, 202621,703,980
Jan 20, 202621,570,251
Jan 21, 202627,823,583
Jan 22, 202617,485,506
Jan 23, 202629,596,167
Jan 26, 202625,931,028
Jan 27, 202638,249,553
Jan 28, 202628,939,219
Jan 29, 202630,243,029
Jan 30, 202631,973,607
Feb 2, 202626,077,713
Feb 3, 202663,676,750
Feb 4, 202651,285,748
Feb 5, 202644,177,029
Feb 6, 202646,525,726
Feb 9, 202665,639,084
Feb 10, 202659,262,750
Feb 11, 202639,560,919
Feb 12, 202639,190,105
Feb 13, 202643,021,841
Feb 17, 202628,919,890
Feb 18, 202628,263,548
Feb 19, 202623,465,873
Feb 20, 202627,157,246
Feb 23, 202625,296,803
Feb 24, 202646,405,143
Feb 25, 202639,951,805
Feb 26, 202625,734,530
Feb 27, 202634,007,373
Mar 2, 202626,229,007
Mar 3, 202633,732,536
Mar 4, 202623,717,645
Mar 5, 202627,792,373
Mar 6, 202632,679,728
Mar 9, 202627,935,950
Mar 10, 202624,195,689
Mar 11, 202631,896,217
Mar 12, 202624,942,620
Mar 13, 202627,556,907
Mar 16, 202641,563,630
Mar 17, 202633,170,522
Mar 18, 202625,526,577
Mar 19, 202623,070,257
Mar 20, 202630,799,138
Mar 23, 202639,044,720
Mar 24, 202630,430,831
Mar 25, 202630,421,040
Mar 26, 202627,329,882
Mar 27, 202622,172,006
Mar 30, 202630,827,223
Mar 31, 202629,665,748
Apr 1, 202622,950,563
Apr 2, 202622,445,938
Apr 6, 202616,760,021
Apr 7, 202631,493,956
Apr 8, 202654,453,165
Apr 9, 202646,049,340
Apr 10, 202633,619,653
Apr 13, 202623,633,890
Apr 14, 202635,164,554
Apr 15, 202662,712,912
Apr 16, 202638,172,250
Apr 17, 202643,045,574
Apr 20, 202633,982,456
Apr 21, 202627,151,339
Apr 22, 202623,841,781
Apr 23, 202636,227,461
Apr 24, 202633,914,993
Apr 27, 202633,033,143
Apr 28, 202627,015,035
Apr 29, 202623,647,889
Apr 30, 202639,766,724
May 1, 202628,364,308
May 4, 202624,924,776
May 5, 202632,286,311
May 6, 202644,935,108
May 7, 202636,739,288
May 8, 202636,270,219
May 11, 202625,227,086
May 12, 202624,896,447
May 13, 202621,977,956
May 14, 202622,965,973
May 15, 202623,972,884
May 18, 202631,192,672
May 19, 202622,704,295
May 20, 202620,084,821
May 21, 202620,174,678
May 22, 202620,786,447
May 26, 202646,110,126
May 27, 202636,659,530
May 28, 202624,376,302
May 29, 202626,691,995
Jun 1, 202626,085,383
Jun 2, 202625,893,934
Jun 3, 202624,637,360
Jun 4, 202622,561,066
Jun 5, 202626,701,300
Jun 8, 202623,127,602
Jun 9, 202634,587,784
Jun 10, 202628,072,781
Jun 11, 202629,914,889
Jun 12, 202621,678,860
Jun 15, 202631,171,231
Jun 16, 202623,750,143
Jun 17, 202628,272,408
Jun 18, 202631,094,345
Jun 22, 202620,954,902
Jun 23, 202624,410,715
Jun 24, 202631,713,980
Jun 25, 202618,475,745
Jun 26, 202666,302,285
Jun 29, 202625,764,623
Jun 30, 202625,873,382
Jul 1, 202630,500,966
Jul 2, 202633,897,812
Jul 6, 202674,725,827
Jul 7, 202651,365,856
Jul 8, 202642,872,577
Jul 9, 202650,983,063
Jul 10, 202630,908,863
Jul 13, 202625,087,621
Jul 14, 202658,011,432
Jul 15, 202630,687,898
Jul 16, 202638,759,871
Jul 17, 202637,050,555
Jul 20, 202636,311,327
Jul 21, 202631,936,427
Jul 22, 202624,055,861
Jul 23, 202630,157,244
Jul 24, 202622,638,655
Jul 27, 202621,726,832
Jul 28, 202641,587,052
Jul 29, 202646,572,169
Jul 30, 202644,101,184
Jul 31, 202630,696,467
Aug 3, 202640,473,413
Aug 4, 202626,288,887
Aug 5, 202628,472,740
Aug 6, 202624,527,490
Aug 7, 202640,854,087
Aug 10, 202640,864,362
Aug 11, 202623,721,628
Aug 12, 202635,361,831
Aug 13, 202625,655,986
Aug 14, 202631,090,994
Aug 17, 202623,971,629
Aug 18, 202648,454,294
Aug 19, 202634,263,312
Aug 20, 202632,408,276
Aug 21, 202647,300,555
Aug 24, 202626,800,542
Aug 25, 202630,251,468
Aug 26, 202619,948,792
Aug 27, 202627,229,114
Aug 28, 202629,430,668
Aug 31, 202621,893,633
Sep 1, 202626,286,850
Sep 2, 202622,199,912
Sep 3, 202637,184,708
Sep 4, 202620,478,753
Sep 8, 202636,710,374
Sep 9, 202622,608,769
Sep 10, 202624,472,171
Sep 11, 202628,517,251
Sep 14, 202635,061,500
Sep 15, 202632,005,340
Sep 16, 202632,203,001
Sep 17, 202635,419,970
Sep 18, 202632,732,800
Sep 21, 202624,853,814
Sep 22, 202622,720,218
Sep 23, 202632,099,843
Sep 24, 202626,000,406
Sep 25, 202625,037,594
Sep 28, 202619,671,072
Sep 29, 202621,395,213
Sep 30, 202623,748,496
Oct 1, 202629,952,228
Oct 2, 202627,923,955
Oct 5, 202636,728,978
Oct 6, 202626,156,841
Oct 7, 202627,589,299
Oct 8, 202645,881,559
Oct 9, 202614,952,861
Oct 12, 202616,775,337
Oct 13, 202633,936,847
Oct 14, 202658,012,037
Oct 15, 2026108,095,284
Oct 16, 202655,789,619
Oct 19, 202647,455,427
Oct 20, 202638,164,144
Open
$11.69
High
$12.59
Low
$11.49
Volume
38.16M
P/E
Not on file
Market cap
$5.99B
52-week high
$29.84
52-week low
$10.35
Average volume
32.47M
Yield
Not on file
Beta
3.42
EPS
-$1.94

Operations

Definitions
Hashrate, realized
10th of 11
Fleet efficiency
5th of 7
Cost per bitcoin with depreciation

Quarter ended Jun 30, 2026

quarter ended Jun 30, 2026
Bitcoin held
14th of 15
EV per EH/s
Revenue per MW, annualized
1st of 11
Months of liquidity
Not comparable

Months of liquidity is not formed. On file: cash $2.62B at Jun 30, 2026, 2 bitcoin held at Jun 30, 2026, a direct cost of $44,547 per bitcoin for the quarter ended Jun 30, 2026 (its 10-Q) and 179 bitcoin mined in the quarter ended Jun 30, 2026. Not comparable: HPC/AI revenue is 71% of quarterly revenue, so a hashrate denominator or a mining-cost run-rate does not describe this company.

Data read Sep 6, 2026. The cost per bitcoin is read from the filings and releases themselves, as of Oct 14, 2026. Not stated means no filing, release or deck we read gives one, and over a year old means the newest one on file is too old to show, so its figure and period are given in words. Open a figure for its period, status and source.

Figure labels

Solid means reported by the company. Hatched means computed here from sourced inputs. Not comparable means the company uses a different definition. Not stated means no filing, release or deck we read gives it.

HPC and AI deals

Every company's rows

5 HPC and AI rows on file: 4 signed or operating, 1 sold. Contracted or operating critical IT capacity for this company is 621 MW.

Agreements on file: counterparty, status, announced, megawatts, term, disclosed value, document
Document
Anthropic PBCJustified Data Campus, Hawesville, KY (MISO)ContractedJul 6, 2026
8-K EX-99.1 Jul 6, 2026no 2nd source
Fluidstack (Abernathy Joint Venture, FS CS I LLC; Google $1.3B backstop)Abernathy, TX (SPP)SoldOct 28, 2025, sold, sold, sold
8-K EX-99.1 Oct 28, 2025no 2nd source
Fluidstack USA I Inc. (Google LLC backstop) - CB-5 lease ('WULF-2')Lake Mariner (CB-5, under construction, phased delivery early 2027)ContractedAug 18, 2025not disclosed
8-K EX-99.1 Aug 18, 2025no 2nd source
Fluidstack USA I Inc. (Google LLC backstop) - CB-3 and CB-4 leases ('WULF-1')Lake Mariner (CB-3 42 MW delivered July 2026; CB-4 168 MW under construction, phased H2 2026)OperatingAug 14, 2025
8-K EX-99.1 Aug 14, 2025no 2nd source
Core42 (G42 subsidiary)Lake Mariner (WULF Den 2 MW, CB-1 16 MW, CB-2A/CB-2B 42 MW)Operating2024-12
8-K EX-99.1 Nov 10, 2025no 2nd source

News

143 company releases on file, newest first. Source of truth: TeraWulf investor relations: Press Releases. This index reads the allowed newsroom, wire or SEC sources listed for this company.

Latest

  1. Earnings
    TeraWulf Schedules Conference Call for Third Quarter 2026 Financial Results
  2. Other
    TeraWulf Expands Contracted Power Capacity at its Muskie Data Campus to 1 GW
  3. Deal
    Kentucky PSC Approves 482 MW Power Agreement for TeraWulf’s Justified Data Campus
  4. Earnings
    TeraWulf Reports Second Quarter 2026 Results
  5. Earnings
    TeraWulf Schedules Conference Call for Second Quarter 2026 Financial Results

Earlier releases

  1. TeraWulf Announces Anthropic Lease at Justified Data Campus and Sale of Majority Interest in Abernathy Joint Venture to FluidstackDeal
  2. TeraWulf Expands Infrastructure Platform with Acquisition of 1+ GW Eastern Kentucky HPC CampusDeal
  3. TeraWulf Reports First Quarter 2026 ResultsEarnings
  4. TeraWulf Announces Participation in Upcoming Investor and Industry ConferencesEvent
  5. TeraWulf Schedules Conference Call for First Quarter 2026 Financial ResultsEarnings
  6. TeraWulf Announces Closing of Common Stock OfferingFinancing
  7. TeraWulf Reports Preliminary First Quarter 2026 Financial ResultsEarnings
  8. TeraWulf Announces Pricing of Upsized Common Stock OfferingFinancing
  9. TeraWulf Announces Common Stock OfferingFinancing
  10. TeraWulf Reports Fourth Quarter and Full Year 2025 ResultsEarnings
Show more (128)
  1. TeraWulf Announces WULF Compute Lender Construction Update CallOther
  2. TeraWulf Announces Participation in Upcoming Investor and Industry ConferencesEvent
  3. TeraWulf Schedules Conference Call for Fourth Quarter 2025 Financial ResultsEarnings
  4. TeraWulf Expands Digital and Power Infrastructure Portfolio with Strategic Acquisitions in Kentucky and MarylandDeal
  5. TeraWulf and Fluidstack Announce Successful Pricing of Project Financing for 168 MW HPC Compute Joint VentureFinancing
  6. TeraWulf Announces Mandatory Conversion Date for Series A Convertible Preferred StockFinancing
  7. TeraWulf Reports Third Quarter 2025 ResultsEarnings
  8. TeraWulf Schedules Conference Call for Third Quarter 2025 Financial ResultsEarnings
  9. TeraWulf Inc. Announces Closing of $1.025 Billion 0.00% Convertible Notes OfferingFinancing
  10. TeraWulf Inc. Announces Upsize and Pricing of $900 Million Convertible Notes OfferingFinancing
  11. TeraWulf Inc. Announces Proposed Private Offering of $500 million of Convertible NotesFinancing
  12. TeraWulf Reports Preliminary Third Quarter 2025 Financial ResultsEarnings
  13. TeraWulf Expands Strategic Partnership with Fluidstack Through New 168 MW AI Compute Joint VentureDeal
  14. TeraWulf Inc. Announces Pricing of $3.2 Billion of Senior Secured NotesFinancing
  15. TeraWulf Inc. Announces Proposed Offering of $3.2 Billion of Senior Secured NotesFinancing
  16. TeraWulf Inc. Announces Full Exercise of Greenshoe Option in $1.0 Billion Convertible Senior Notes OfferingFinancing
  17. TeraWulf Inc. Announces Upsize and Pricing of $850 Million Convertible Notes OfferingFinancing
  18. TeraWulf Inc. Announces Proposed Private Offering of $400 Million of Convertible NotesFinancing
  19. TeraWulf Announces Fluidstack Expansion with 160 MW CB-5 Lease at Lake MarinerDeal
  20. TeraWulf Signs 200+ MW, 10-Year AI Hosting Agreements with FluidstackDeal
  21. TeraWulf Secures Long-Term Ground Lease at Cayuga Site to Expand High-Performance Computing InfrastructureDeal
  22. TeraWulf Reschedules Second Quarter 2025 Investor Conference Call to Thursday, August 14, 2025Earnings
  23. TeraWulf Reports Second Quarter 2025 ResultsEarnings
  24. TeraWulf Schedules Second Quarter 2025 Earnings Call for Friday, August 8 at 8:00 a.m. ETEarnings
  25. TeraWulf Acquires Beowulf Electricity & Data, Streamlining Corporate StructureDeal
  26. TeraWulf Reports First Quarter 2025 ResultsEarnings
  27. TeraWulf Schedules Conference Call for First Quarter 2025 Financial ResultsEarnings
  28. TeraWulf Announces Participation in Upcoming Investor and Industry ConferencesEvent
  29. TeraWulf Announces Participation in Upcoming Conferences and EventsEvent
  30. TeraWulf Reports Fourth Quarter and Full Year 2024 ResultsEarnings
  31. TeraWulf Schedules Conference Call for Fourth Quarter and Year End 2024 Financial ResultsEarnings
  32. TeraWulf Announces Participation in Upcoming Investor and Industry ConferencesEvent
  33. TeraWulf Announces December 2024 Production and Operations UpdateProduction
  34. TeraWulf to Deliver over 70 MW of Data Center Infrastructure for G42’s US OperationsOther
  35. TeraWulf Announces November 2024 Production and Operations UpdateProduction
  36. TeraWulf Announces Promotion of Sean Farrell to Chief Operating OfficerLeadership
  37. TeraWulf Reports Third Quarter 2024 Financial ResultsEarnings
  38. TeraWulf Announces October 2024 Production and Operations UpdateProduction
  39. TeraWulf Schedules Conference Call for Third Quarter 2024 Financial ResultsEarnings
  40. TeraWulf Inc. Announces Closing of $500 Million 2.75% Convertible Senior Notes OfferingFinancing
  41. TeraWulf Inc. Announces Upsize and Pricing of $425 Million Convertible Notes OfferingFinancing
  42. TeraWulf Inc.’s Board of Directors Authorizes $200 Million Share Repurchase ProgramFinancing
  43. TeraWulf Inc. Announces Proposed Private Offering of $350 Million of Convertible NotesFinancing
  44. TeraWulf Appoints John Larkin as Director of Investor RelationsLeadership
  45. TeraWulf Enters Into Long-Term Ground Lease at Lake Mariner Facility to Attract High-Quality CustomersDeal
  46. TeraWulf Announces September 2024 Production and Operations UpdateProduction
  47. TeraWulf Monetizes Equity Interests in Nautilus Joint Venture to Fuel Expansion of HPC/AI and Bitcoin Mining at Flagship Lake Mariner FacilityDeal
  48. TeraWulf Announces August 2024 Production and Operations UpdateProduction
  49. TeraWulf Reports Second Quarter 2024 Financial ResultsEarnings
  50. TeraWulf Announces July 2024 Production and Operations UpdateProduction
  51. TeraWulf Schedules Conference Call for Second Quarter 2024 Financial ResultsEarnings
  52. TeraWulf Announces Early Debt PayoffFinancing
  53. TeraWulf Announces June 2024 Production and Operations UpdateProduction
  54. TeraWulf Announces May 2024 Production and Operations UpdateProduction
  55. TeraWulf Reports First Quarter 2024 Financial ResultsEarnings
  56. TeraWulf Announces April 2024 Production and Operations UpdateProduction
  57. TeraWulf Schedules Conference Call for First Quarter 2024 Financial ResultsEarnings
  58. TeraWulf Announces Participation in Upcoming Industry EventsEvent
  59. TeraWulf Announces Continued Industry-Leading Cash Production and $30 Million Debt RepaymentProduction
  60. TeraWulf Releases Inaugural Corporate Social Responsibility ReportOther
  61. TeraWulf Announces March 2024 Production and Operations UpdateProduction
  62. TeraWulf Reports Fourth Quarter and Full Year 2023 ResultsEarnings
  63. TeraWulf Schedules Conference Call for Fourth Quarter and Full Year 2023 Financial ResultsEarnings
  64. TeraWulf Announces Preliminary Full Year 2023 Financial Highlights and Provides 2024 GuidanceEarnings
  65. TeraWulf Reaffirms Business as Usual at the Nautilus Facility Amid Talen’s Sale of Data Center CampusDeal
  66. TeraWulf Announces February 2024 “Leap Month” Production and Operations UpdateProduction
  67. TeraWulf Announces $22 Million Debt Repayment and Increase in Self-Mining CapacityFinancing
  68. TeraWulf Announces January 2024 Production and Operations Update: 7.1 EH/s and CountingProduction
  69. TeraWulf Announces Appointment of New Independent Directors to the BoardLeadership
  70. TeraWulf Announces December 2023 Production and Operations UpdatesProduction
  71. TeraWulf Reports Fully Funded 7.9 EH/s and Future Expansion PlansOther
  72. TeraWulf Announces November 2023 Production and Operations UpdatesProduction
  73. TeraWulf Reports Third Quarter 2023 Financial ResultsEarnings
  74. TeraWulf Announces October 2023 Production and Operations UpdatesProduction
  75. TeraWulf Schedules Conference Call for Third Quarter 2023 Financial ResultsEarnings
  76. TeraWulf Announces September 2023 Production and Operations UpdatesProduction
  77. TeraWulf Announces Participation in Upcoming Industry EventsEvent
  78. TeraWulf Announces August 2023 Production and Operations UpdatesProduction
  79. TeraWulf Reports Second Quarter 2023 Results Financial ResultsEarnings
  80. TeraWulf Schedules Conference Call for Second Quarter 2023 Financial ResultsEarnings
  81. TeraWulf Announces July 2023 Production and Operations UpdatesProduction
  82. TeraWulf Announces 7.9 EH/s Expansion Plan and Associated Purchase of 18,500 S19j XP Bitcoin Miners from BITMAINDeal
  83. TeraWulf Announces June 2023 Production and Operations UpdatesProduction
  84. TeraWulf Achieves 5.5 EH/s and 160 MW of Bitcoin Mining CapacityOther
  85. TeraWulf Announces May 2023 Production and Operations UpdatesProduction
  86. TeraWulf to Present at LD Micro Invitational XIII Conference on June 6, 2023Event
  87. TeraWulf Announces April 2023 Production and Operations UpdatesProduction
  88. TeraWulf Announces Full Deployment of 50 MW at the Nautilus Bitcoin Mining Facility Ahead of ScheduleOther
  89. TeraWulf Announces Participation in Upcoming Investor EventsEvent
  90. TeraWulf Announces March 2023 Production and Operations UpdatesProduction
  91. TeraWulf Reports Fourth Quarter and Full Year 2022 Results and Provides Operational UpdateEarnings
  92. TeraWulf Announces it Has Deployed BITMAIN Miners at the Nuclear-Powered Nautilus FacilityOther
  93. TeraWulf Addresses U.S. Bank ClosuresOther
  94. TeraWulf Announces February 2023 Production and Operations UpdatesProduction
  95. TeraWulf Announces Energization and Rapid Deployment of Mining Operations at the Nautilus Facility in PennsylvaniaOther
  96. TeraWulf Announces Closing of $28 Million Underwritten Equity Offering and Over-Allotment OptionFinancing
  97. TeraWulf Sets Date for Fourth Quarter and Full Year 2022 Earnings Conference CallEarnings
  98. TeraWulf Announces January 2023 Production and Operations UpdatesProduction
  99. TeraWulf Issues an Open Letter to Shareholders from Chairman and CEOLeadership
  100. TeraWulf Announces Beneficial Debt Modifications and Approximately $32 Million of New Equity ProceedsFinancing
  101. TeraWulf Announces Proposed Public Offering of Common StockFinancing
  102. TeraWulf Announces December 2022 Production and Operations UpdatesProduction
  103. TeraWulf Issues an Open Letter from Chairman and CEOLeadership
  104. TeraWulf Significantly Increases Expected Q1 2023 Self-Mining Hash Rate at No Additional Cost and Announces Repayment of Certain DebtProduction
  105. TeraWulf Announces November 2022 Production and Operations UpdatesProduction
  106. TeraWulf Updates Mining Operations and Cost-Reduction InitiativesOther
  107. TeraWulf Announces Third Quarter 2022 Results and Provides Operational UpdatesEarnings
  108. TeraWulf Increases Operating Capacity to >1.6 EH/s and Announces $17 Million of Incremental CapitalOther
  109. TeraWulf Announces Operation of Nearly 12,000 Miners at Its Lake Mariner FacilityOther
  110. TeraWulf Announces Amendments to its Nautilus Joint Venture Agreement with Talen EnergyDeal
  111. TeraWulf Announces Amendments to its Nautilus Joint Venture Agreement with Talen EnergyDeal
  112. TeraWulf Announces Second Quarter 2022 Results and Financial and Operational UpdatesEarnings
  113. TeraWulf Announces Closing of Previously Announced $50 Million Add-On Loan Facility and Initial Delivery of 3,000 S19 XP Antminers from BitmainFinancing
  114. TeraWulf Announces Recent Financings and Near-Term Ramp of Digital Asset InfrastructureOther
  115. TeraWulf Announces Participation in Upcoming Investor EventsEvent
  116. TeraWulf Appoints Patrick Fleury as Chief Financial OfficerLeadership
  117. TeraWulf Issues Statement Reiterating Plans for Nautilus CryptomineOther
  118. TeraWulf Inc. Announces Pricing of $20.6 Million Public Offering of Common StockFinancing
  119. TeraWulf Inc. Announces Proposed Public Offering of Common StockFinancing
  120. TeraWulf Announces Participation in Upcoming Investor EventsEvent
  121. TeraWulf Announces Significant Progress Building Out Mining Operations and Establishing Digital Asset InfrastructureOther
  122. TeraWulf Announces $15 Million Capital ContributionOther
  123. TeraWulf Announces Commencement of Mining Sustainable, Low-Cost BitcoinOther
  124. TeraWulf Appoints Michael Bucella, Leading Institutional Crypto Asset and Blockchain Technology Expert, to its BoardLeadership
  125. TeraWulf Names William "Sandy" Harrison as Vice President of Investor RelationsLeadership
  126. TeraWulf Launches Philanthropic Foundation Focused on Improving Social Health, the Environment and Sustainability InitiativesOther
  127. TeraWulf Purchases 15,000 S19 XP Pro Miners from BitmainOther
  128. TeraWulf Inc. Launches as Publicly Traded Bitcoin Mining Company with a Fully Integrated, Environmentally Clean PlatformOther

Sentiment

A 0 to 100 index of how the market and press talk about this company, as of Oct 1, 2026. It describes tone and is not advice.

No index yet: fewer than two inputs have enough data.

Price moves
39 (+1.0% over 20 days)
News tone
Too few items to score
Reddit tone
Source not connected yet
Forum tone
No source yet

Against the sector

TeraWulf Inc. against the median of the covered miners that state each figure. For Bitcoin mined, only the miners that state it for the same period count: the same length of time, ending on the same day. The dashed ring is that median; a figure at the outer edge is twice it or more. A hollow point on dashed lines is a company target, not a reported figure.

HashrateBitcoin minedPower onlinePower under contractPower in development
TeraWulf Inc. against the sector median
FigureTeraWulf Inc.Sector median
Hashrate9.3 EH/s15.7 EH/s (15 miners)
Bitcoin mined179 BTC 3 months640.5 BTC (10 miners)
Power online102 MW76 MW (8 miners)
Power under contract839 MW700 MW (5 miners)
Power in development
500 MW guidance
654 MW (9 miners)

Hashrate, Power online and Power under contract: the sector medians are made of readings only, each as of its own date, and those dates run from Oct 14, 2025 to August 2026.

Power in development: the sector median mixes four company targets with five readings, each as of its own date, and those dates run from May 31, 2026 to Sep 10, 2026.

Financial statements

Definitions

Seven filing figures from XBRL. Open a figure for its period, concept, filing history and source.

Revenue
Net income (loss)
Cash and cash equivalents
Digital assets at fair value
Digital asset units held
Shares outstanding
Total assets

Revenue was $44.8M for the quarter ended Jun 30, 2026.The share count moved +27.3% (+107M shares) between Aug 6, 2025 and Jul 31, 2026.1246 filings are on EDGAR. The latest is Form 8-K from Oct 5, 2026.

Shares outstanding

Each dated count the company filed. As of Oct 14, 2026.

Method and sources

TeraWulf Inc.'s share count rose 27.3% in the year to Jul 31, 2026 (107M more shares). Since Dec 31, 2021 it has risen from 100M to 499M.

Covers
38 dated counts as filed, Dec 31, 2021 to Jul 31, 2026, and 85 earlier counts not drawn
Unit
shares

Source: Form 10-Q Aug 5, 2026

Shares outstanding
PeriodShares outstanding (shares)
Dec 31, 2021100M
Mar 28, 2022100.7M
Mar 31, 2022100.8M
May 16, 2022104.6M
Jun 30, 2022105M
Aug 15, 2022106.7M
Sep 30, 2022115.4M
Nov 14, 2022128.4M
Dec 31, 2022145.5M
Mar 30, 2023186.3M
Mar 31, 2023186.3M
May 15, 2023212M
Jun 30, 2023216.1M
Aug 11, 2023221.1M
Sep 30, 2023232.2M
Nov 10, 2023238.2M
Dec 31, 2023276.7M
Mar 15, 2024302.2M
Mar 31, 2024302.9M
May 10, 2024333.2M
Jun 30, 2024374.5M
Aug 9, 2024382.6M
Sep 30, 2024382.6M
Nov 11, 2024385.9M
Dec 31, 2024385.7M
Feb 26, 2025383.1M
Mar 31, 2025408.2M
May 7, 2025384.6M
Jun 30, 2025414.6M
Aug 6, 2025391.9M
Sep 30, 2025439.2M
Nov 7, 2025418.7M
Dec 31, 2025420.1M
Feb 24, 2026424.1M
Mar 31, 2026425.1M
May 5, 2026495.5M
Jun 30, 2026498.9M
Jul 31, 2026499M

Earlier counts are not comparable: between Nov 10, 2021 (1,981,527 shares) and Dec 31, 2021 (99,976,253 shares) the count multiplies by 50.5, and the registrant stopped using the name IKONICS CORP on Dec 13, 2021, between the two counts, and the earlier is a cover-page count and the later a balance-sheet count.

Filings disagree on one date. The latest filed value is shown.

Why some counts are left out

Share counts are comparable only within one capital structure. No document on file names the corporate action behind this step, so the chart starts after it.

At Dec 31, 2024, 385,654,278 (a balance-sheet count, 10-K filed Feb 27, 2026) against 404,223,028 (a balance-sheet count, 10-K filed Mar 3, 2025).

Each point is an XBRL share count from the linked filing. A filing can tag a count without printing it in the document.

Dilution, one year (share count change)

A rising share count is dilution: each existing share owns a smaller slice of the company. A falling count is the reverse.

At-the-market programs

5 at-the-market documents on file, the largest program $200M, the most recent filed Apr 16, 2026.

An at-the-market program is a standing authority to sell shares into the market, one way the share count above can rise; it never explains a fall. The size is the authority, not what has been sold: none of these documents states how much is left, and this page never estimates the difference. Whether shares were actually sold shows in the share count above, which is where to look. Tap or hover a size for the text it was read from.

At-the-market programs on file: filed, form, program size, stated remaining, sales agents, document
Apr 16, 2026Form 424B5not statednot statednot namedprospectus supplement
Apr 15, 2026Form 424B5not statednot statednot namedprospectus supplement
Apr 14, 2026Form 424B5not statednot statednot namedprospectus supplement
May 9, 2025Form 424B5not statedCantor Fitzgerald & CoSales Agreement
May 23, 2024Form 424B5not statedCantor Fitzgerald & CoSales Agreement

Cover-page language classifies the filing, not the form; every fact carries the sentence it came from; remaining capacity is null unless the document states it. Excluded: 424B3 (resale or selling-shareholder supplement), 424B7 (selling-securityholder supplement).

Quarterly revenue

Each quarter as filed. Hatched ones are worked out from the fiscal year. As of Oct 14, 2026.

Method and sources

Revenue was $44.8M in the quarter to Jun 30, 2026, down from $47.6M in the same quarter a year before, to Jun 30, 2025.

Covers
12 quarters as tagged and 4 quarters derived from the fiscal year less its three reported quarters (hatched), Sep 30, 2022 to Jun 30, 2026
Unit
USD

Source: 10-Q Aug 5, 2026

Quarterly revenue
PeriodRevenue (USD)
Sep 30, 2022$3.9M
Dec 31, 2022$9.6M (derived)
Mar 31, 2023$11.5M
Jun 30, 2023$15.5M
Sep 30, 2023$19M
Dec 31, 2023$23.3M (derived)
Mar 31, 2024$42.4M
Jun 30, 2024$35.6M
Sep 30, 2024$27.1M
Dec 31, 2024$35M (derived)
Mar 31, 2025$34.4M
Jun 30, 2025$47.6M
Sep 30, 2025$50.6M
Dec 31, 2025$35.8M (derived)
Mar 31, 2026$34M
Jun 30, 2026$44.8M

Quarterly net income

Each quarter as filed. Hatched ones are worked out from the fiscal year. As of Oct 14, 2026.

Method and sources

16 of the 16 quarters were a loss.

Covers
12 quarters as tagged and 4 quarters derived from the fiscal year (hatched), Sep 30, 2022 to Jun 30, 2026
Unit
USD

Source: 10-Q Aug 5, 2026

Quarterly net income
PeriodNet income (USD)
Sep 30, 2022-$34M
Dec 31, 2022-$25M (derived)
Mar 31, 2023-$26.3M
Jun 30, 2023-$17.5M
Sep 30, 2023-$19.1M
Dec 31, 2023-$10.5M (derived)
Mar 31, 2024-$9.6M
Jun 30, 2024-$10.9M
Sep 30, 2024-$22.7M
Dec 31, 2024-$29.2M (derived)
Mar 31, 2025-$61.4M
Jun 30, 2025-$18.4M
Sep 30, 2025-$455.1M
Dec 31, 2025-$126.6M (derived)
Mar 31, 2026-$427.6M
Jun 30, 2026-$939.9M

Cash and equivalents

Each balance, as filed. As of Oct 14, 2026.

Method and sources

Cash and equivalents were $2.62B at Jun 30, 2026, up from $90M a year before, at Jun 30, 2025.

Covers
16 balances as tagged, Sep 30, 2022 to Jun 30, 2026
Unit
USD

Source: 10-Q Aug 5, 2026

Cash and equivalents
PeriodCash (USD)
Sep 30, 2022$4.5M
Dec 31, 2022$1.3M
Mar 31, 2023$17M
Jun 30, 2023$8.2M
Sep 30, 2023$6.6M
Dec 31, 2023$54.4M
Mar 31, 2024$45.8M
Jun 30, 2024$104.1M
Sep 30, 2024$23.9M
Dec 31, 2024$274.1M
Mar 31, 2025$218.2M
Jun 30, 2025$90M
Sep 30, 2025$711.3M
Dec 31, 2025$3.27B
Mar 31, 2026$2.63B
Jun 30, 2026$2.62B

Digital assets at fair value

Each balance, as filed. As of Oct 14, 2026.

Method and sources

Digital assets at fair value were $133K at Jun 30, 2026, up from $0 a year before, at Jun 30, 2025.

Covers
10 balances as tagged, Dec 31, 2023 to Jun 30, 2026
Unit
USD

Source: 10-Q Aug 5, 2026

Digital assets at fair value
PeriodDigital assets (USD)
Dec 31, 2023$1.8M
Jun 30, 2024$946K
Sep 30, 2024$297K
Dec 31, 2024$476K
Mar 31, 2025$1.4M
Jun 30, 2025$0
Sep 30, 2025$492K
Dec 31, 2025$270K
Mar 31, 2026$1.2M
Jun 30, 2026$133K

Monthly production

No monthly release for this company was found in the 12 months from August 2025 to July 2026, on any of the 7 feeds checked on Sep 6, 2026.

No monthly release in the window. The IR listing was read year by year for 2025 and 2026, 37 releases, none monthly; TeraWulf stopped its monthly bitcoin production update before the window and its PR Newswire organisation page ends in 2022.

7 feeds, listings and sitemaps were requested for this company, 7 answered: https://investors.terawulf.com/news-events/press-releases; https://investors.terawulf.com/news-events/press-releases/rss; https://investors.terawulf.com/news-events/press-releases?year=2025; https://investors.terawulf.com/news-events/press-releases?year=2025&page=2; https://investors.terawulf.com/news-events/press-releases?year=2026; https://investors.terawulf.com/news-events/press-releases?year=2026&page=2; https://www.prnewswire.com/news/terawulf-inc./.

The EDGAR pass fetched 33 EX-99 documents for the window and read 11 of them; 0 are monthly.

How far back each index this site read reaches:

  • The EDGAR pass's EX-99 exhibits: Oct 6, 2025
  • investors.terawulf.com listing by year and page: Jul 24, 2025

33 EX-99 exhibits and investor-relations releases from this window were read. 11 of them carry a classification in the file: 3 other, 8 quarterly or annual. The other 22 were read and left unclassified, so this count says what was labelled, not what was looked at. Hashrate, bitcoin mined, bitcoin held, energized megawatts and fleet efficiency appear in the quarterly filings instead, where this site takes them from XBRL. A cost per bitcoin is read from the filing or release that states it, on the company's own definition, and not from XBRL.

Insider sales and pay

WULF insiders sold $36.1M and bought $440.5K of stock in the open market from Oct 14, 2025 to Oct 14, 2026.

From the Form 4s each insider filed; $18.9M of the sales were under a 10b5-1 plan. The company total counts each transaction once. As of Oct 14, 2026.

Every person, their pay by year and every sale with its date

Net open-market sales per person, twelve months

Net open-market sales per person, twelve months
Paul Pragerdirector; officer (Chief Executive Officer)$23.4M net soldAug 28, 2026, Jul 1, 2026, May 28, 2026 and 2 more
Patrick Fleuryofficer (Chief Financial Officer)$9.7M net soldMar 19, 2026
Walter E. Carterdirector$2M net soldSep 1, 2026
Catherine J. Motzdirector$997.9K net soldSep 9, 2026
Michael C. Bucelladirector$440.5K net boughtpurchases only

Total pay per named executive officer, latest year in the DEF 14A filed Apr 28, 2026

Total pay per named executive officer, latest year in the proxy
Paul PragerChief Executive Officer and Chairman of the Board of Directors$39.4M2025
Patrick FleuryChief Financial Officer$20.1M2025
Kerri LanglaisChief Strategy Officer and Director$20.2M2025
Nazar KhanChief Technology Officer and Director$30.1M2025
William TanimotoChief Accounting Officer$1.1M2025
Kenneth DeaneFormer Chief Accounting Officer and Treasurer$628.1K2025

Paul Prager's 2025 total pay is 0.48% of the market capitalization of $8.24B on Sep 4, 2026.

Paul Prager's 2025 total pay is at the 90th percentile of the latest pay of 61 named officers at 15 miners (n=61), more than 54 of the other 60; among the chief executives, the 72nd (n=19). It is 7.77 times their median of $5.1M.

Guidance

4 guidance statements on the ledger, 2 with an outcome document: 2 settled, 0 still open.

2 statements have no outcome document yet. 2 of the 4 are specific enough to score. 2 statements are reported results: already in hand when stated, so they are shown but never scored. 1 of the selected rows for this company is specific, which is what the accuracy score would rest on. Every company's statements.

Jul 6, 2026specificno outcome documentfilings and press releasescritical IT MW in service at the Justified Data Campus
Initial capacity is expected to be placed into service during the second half of 2027, with the campus ramping to the full 401 MW by early 2028.
Projected
401 MW, early 2028
Actual
no outcome document yet
Variance
not resolved

the target date has not passed

Said in 8-K EX-99.1 Jul 6, 2026 (Anthropic lease release), grade verified. No outcome document has been read for this statement yet.

Apr 14, 2026reported resultsettledfilings and press releasesrevenue, first quarter 2026
The Company expects first quarter 2026 revenue to be between $30 million and $35 million, and adjusted EBITDA to be between $0 million and $3 million

Reported result, not a promise. The quarter had already ended (Mar 31, 2026) when this was stated (Apr 14, 2026). It gives preliminary results for a closed period, so it is shown but never scored.

Projected
$30 million to $35 million, first quarter 2026
Actual
$34.0 million as of May 8, 2026
Variance
+4.6%, above the projectionfrom the midpoint of the guided $30m to $35m, $32.5m, projected against $34m reported

The outcome document says: Generated Q1 2026 revenue of $34.0 million, including $21.0 million of HPC lease revenue.

Said in 8-K EX-99.1 Apr 14, 2026 (preliminary Q1 2026 results), grade verified. Outcome from 8-K EX-99.1 May 8, 2026 (Q1 2026 results), grade verified.

Feb 26, 2026specificno outcome documentfilings and press releasescritical IT MW energized at Lake Mariner CB-5
CB5 (168 MW) - Energization expected Q4 2026
Projected
168 MW energized, Q4 2026
Actual
no outcome document yet
Variance
not resolved

the target date has not passed

Said in 8-K EX-99.1 Feb 26, 2026 (Q4 and full year 2025 results), grade verified. No outcome document has been read for this statement yet.

Oct 28, 2025reported resultsettledinvestor presentationsrevenue, third quarter 2025
The Company expects revenue for the third quarter of 2025 to be between $48 million and $52 million, representing an approximate 84% increase compared to the $27 million reported in the third quarter of 2024.

Reported result, not a promise. The quarter had already ended (Sep 30, 2025) when this was stated (Oct 28, 2025). It gives preliminary results for a closed period, so it is shown but never scored.

Projected
$48 million to $52 million, third quarter of 2025
Actual
$50.6 million as of Nov 10, 2025
Variance
+1.2%, above the projectionfrom the midpoint of the guided $48m to $52m, $50m, projected against $50.6m reported

The outcome document says: Achieved Q3 2025 revenue of $50.6 million, including $7.2 million in initial HPC lease revenue.

Said in 8-K EX-99.2 Oct 28, 2025 (Fluidstack joint venture investor presentation with preliminary Q3 2025 results), grade verified. Outcome from 8-K EX-99.1 Nov 10, 2025 (Q3 2025 results), grade verified.

Statements corpus

Rule

56 documents of WULF in the window Oct 13, 2025 to Oct 14, 2026, 29 read, across filings and press releases (22 of 34 read), investor presentations (7 of 22 read); 73 candidate statements, 73 formal and 0 informal.

filings and press releases
22 of 34 read, 55 candidates
investor presentations
7 of 22 read, 18 candidates
earnings calls
none in the window
X posts
not captured yetnot captured: reading X needs its paid API, a purchase still to be decided
interviews
not captured yetnot captured: transcription is not built yet; eight interviews were listed on Sep 6, 2026, none transcribed

The newest 8 candidates

  1. Additionally, the Company continues to evaluate the campus’s potential to support up to 2 GW over time, subject to additional utility planning, infrastructure and agreements.

    Oct 5, 2026, press release; mentions power. The document

  2. “Securing the next 500 MW and moving its planned delivery into 2029 gives us greater flexibility to meet prospective customers’ deployment needs.

    Oct 5, 2026, press release; mentions power; dated 2029. The document

  3. The first 500 MW phase remains targeted to begin ramping in 2028.

    Oct 5, 2026, press release; mentions power; dated 2028. The document

  4. The amendment advances planned delivery of Muskie’s second 500 MW phase from 2030 to 2029, subject to Kentucky Public Service Commission approval and Kentucky Power’s construction schedule.

    Oct 5, 2026, press release; mentions power; dated 2030. The document

  5. MUSKIE DATA: NEXT PHASE OF PLATFORM GROWTH Grayson, KY | 1,000 MW Campus in PJM ➢ 1+ GW Eastern Kentucky AI / HPC development campus ➢ Within EastPark Industrial Park with ~300 owned / controlled acres ➢ Initial 500 MW ramp targeted for Q4 2028 ➢ Second 500 MW phase targeted for 2030 ➢ 345 kV substation tied to existing 765 kV transmission network SITE OVERVIEW 1 GW+ UTILITY POWER 345 / 765 kV TRANSMISSION BACKBONE Q4 2028 INITIAL RAMP TARGET APPENDIX *Located within proximity to major Midwest and Southeast metros 18

    Aug 5, 2026, deck; mentions power; dated Q4 2028. The document

  6. JUSTIFIED DATA: LEASED Hawesville, KY | 480 MW Campus in MISO 401 MW LEASED CRITICAL IT CAPACITY ➢ Strong state and community support ➢ Recognized economic anchor project for the State EXPANSION OPTIONALITY ➢ 401 MW of critical IT capacity leased to Anthropic July 2026 ➢ Generates long - term contracted cash flows ~$19B over 20 - year lease term ➢ Lease includes 2 5 - year extensions ➢ Energized substation, high - voltage lines and regional transmission access ➢ Targeting delivery between 2H 2027 and 1H 2028 OVERVIEW APPENDIX ➢ Additional scalable capacity ➢ Grid - powered or on - site gen LOCAL ALIGNMENT 17

    Aug 5, 2026, deck; mentions power; dated July 2026. The document

  7. EXECUTION DEFINES 2026 Deliver Capacity | Secure Leases | Advance Pipeline 102 MW Energized and Generating Lease Revenue as of July 2026 438 MW of Contracted Capacity Targeted for Energization by 1H27 CB - 3 Operational (Lake Mariner Data) CB - 4 and CB - 5 Progressing Toward Phased Delivery in 2H26/1Q27 Executed 401 MW Anthropic Lease at Justified Data Campus Entered into Agreement to Sell Abernathy JV Interest for $530M OPERATIONS Acquired Muskie and Secured 1 GW of Contracted Electric Service 7

    Aug 5, 2026, deck; mentions power, revenue; dated 2026. The document

  8. WULF PLATFORM SNAPSHOT Scaled, disciplined platform positioned for multi -year growth POWER 01 839 MW Leased capacity GROWTH 02 2.1 GW Controlled pipeline across 5 sites CUSTOMERS 03 ~$27 B+ Contracted revenue CASH FLOW 04 ~$1.5B Average annual NOI EXPANSION 05 250 -500 MW Annual capacity signings targeted Long-term, credit-backed contracts 10-20-year lease terms Hyperscaler-grade infrastructure Capacity figures represent critical IT load.

    Aug 5, 2026, deck; mentions power, revenue. The document

Every document of WULF in the corpus: date, channel, kind, document, candidate statements
Oct 12, 2026filings and press releasespress releasenot readTeraWulf Schedules Conference Call for Third Quarter 2026 Financial Results0
Oct 5, 2026filings and press releasespress releaserepeats an EDGAR exhibitTeraWulf Expands Contracted Power Capacity at its Muskie Data Campus to 1 GW0
Oct 5, 2026filings and press releasespress releaseTeraWulf Expands Contracted Power Capacity at its Muskie Data Campus to 1 GW4
Aug 24, 2026filings and press releasespress releasenot readKentucky PSC Approves 482 MW Power Agreement for TeraWulf’s Justified Data Campus0
Aug 5, 2026filings and press releasespress releaserepeats an EDGAR exhibitTeraWulf Reports Second Quarter 2026 Results0
Aug 5, 2026investor presentationsdeck (PDF, not read)not readQ2 2026 Earnings Update Presentation0
Aug 5, 2026investor presentationsdeck (PDF, not read)not readQ2 2026 Earnings Update Presentation0
Aug 5, 2026investor presentationsdeck (PDF, not read)not readQ2 2026 Earnings Update Presentation0
Aug 5, 2026investor presentationsdeckTHE POWER OF INFRASTRUCTURE Q2 2026 BUSINESS UPDATE AUGUST 5, 2026 Q25
Aug 5, 2026filings and press releasesearnings releaseTeraWulf Reports Second Quarter 2026 Results7
Jul 22, 2026filings and press releasespress releasenot readTeraWulf Schedules Conference Call for Second Quarter 2026 Financial Results0
Jul 6, 2026filings and press releasespress releasenot readTeraWulf Announces Anthropic Lease at Justified Data Campus and Sale of Majority Interest in Abernathy Joint Venture to Fluidstack0
Jul 6, 2026filings and press releasespress releaseTeraWulf Announces Anthropic Lease at Justified5
May 26, 2026filings and press releasespress releaserepeats an EDGAR exhibitTeraWulf Expands Infrastructure Platform with Acquisition of 1+ GW Eastern Kentucky HPC Campus0
May 26, 2026filings and press releasespress releaseTeraWulf Expands Infrastructure Platform with Acquisition of2
May 8, 2026filings and press releasespress releaserepeats an EDGAR exhibitTeraWulf Reports First Quarter 2026 Results0
May 8, 2026investor presentationsdeck (PDF, not read)not readQ1 2026 Earnings Update Presentation0
May 8, 2026investor presentationsdeck (PDF, not read)not readQ1 2026 Earnings Update Presentation0
May 8, 2026investor presentationsdeck (PDF, not read)not readQ1 2026 Earnings Update Presentation0
May 8, 2026investor presentationsdeckGeom Slide Title – 28 Franklin Gothic Med Header – 14 Franklin Gothic Book Content Text – 14 Franklin Gothic Book Chart Content – 10 RGB 33 – 40 – 64 20 – 135 –4
May 8, 2026filings and press releasesearnings releaseTeraWulf Reports First Quarter 2026 Results3
May 4, 2026filings and press releasespress releasenot readTeraWulf Announces Participation in Upcoming Investor and Industry Conferences0
Apr 30, 2026filings and press releasespress releasenot readTeraWulf Schedules Conference Call for First Quarter 2026 Financial Results0
Apr 16, 2026filings and press releasespress releaserepeats an EDGAR exhibitTeraWulf Announces Closing of Common Stock Offering0
Apr 16, 2026filings and press releasespress releaseTeraWulf Announces Closing of Common Stock Offering0
Apr 15, 2026filings and press releasespress releaseTeraWulf Announces Pricing of Upsized1
Apr 14, 2026filings and press releasespress releasenot readTeraWulf Announces Pricing of Upsized Common Stock Offering0
Apr 14, 2026filings and press releasesearnings releaseTeraWulf Announces Common Stock Offering2
Apr 14, 2026filings and press releasesearnings releaseTeraWulf Reports Preliminary First4
Mar 16, 2026filings and press releasespress releaseTeraWulf Inc. (“TeraWulf,” “Parent,” or the “Company”)0
Feb 26, 2026investor presentationsdeck (PDF, not read)not readQ4 Earnings Update Presentation0
Feb 26, 2026investor presentationsdeck (PDF, not read)not readQ4 Earnings Update Presentation0
Feb 26, 2026investor presentationsdeck (PDF, not read)not readQ4 Earnings Update Presentation0
Feb 26, 2026investor presentationsdeckGeom Slide Title – 28 Franklin Gothic Med Header – 14 Franklin Gothic Book Content Text – 14 Franklin Gothic Book Chart Content – 10 RGB 33 – 40 – 64 20 – 135 –5
Feb 26, 2026filings and press releasesearnings releaseTeraWulf Reports Fourth Quarter and Full Year 2025 Results6
Feb 2, 2026filings and press releasespress releaseTeraWulf Expands Digital and Power Infrastructure Portfolio with Strategic Acquisitions in Kentucky and Maryland Acquisitions add 1.5 GW of load capacity, expan1
Dec 18, 2025investor presentationsdeckDecember 17th, 20250
Dec 18, 2025investor presentationsdeckDecember 17th, 20250
Nov 25, 2025filings and press releasespress releaseTeraWulf Announces Mandatory Conversion Date for Series A Convertible Preferred Stock EASTON, Md. – November 25, 2025 7:00AM ET – TeraWulf Inc. (Nasdaq: WULF) (1
Nov 10, 2025investor presentationsdeck (PDF, not read)not readInvestor Presentation0
Nov 10, 2025investor presentationsdeck (PDF, not read)not readInvestor Presentation0
Nov 10, 2025investor presentationsdeck (PDF, not read)not readInvestor Presentation0
Nov 10, 2025investor presentationsdeckGeom Slide Title – 28 Franklin Gothic Med Header – 14 Franklin Gothic Book Content Text – 14 Franklin Gothic Book Chart Content – 10 RGB 33 – 40 – 64 20 – 135 –3
Nov 10, 2025filings and press releasesearnings releaseTeraWulf Reports Third Quarter 2025 Results4
Oct 31, 2025filings and press releasespress releaseTeraWulf Inc. Announces Closing of $1.025 Billion0
Oct 30, 2025filings and press releasespress releaseTeraWulf Inc. Announces Upsize and Pricing of $900 Million Convertible3
Oct 29, 2025filings and press releasespress releaseTeraWulf Inc. Announces Proposed Private Offering of $500 million of Convertible Notes2
Oct 28, 2025investor presentationsdeck (PDF, not read)not readMajority-Owned Joint Venture with Fluidstack for 168 MW in Texas0
Oct 28, 2025investor presentationsdeck (PDF, not read)not readMajority-Owned Joint Venture with Fluidstack for 168 MW in Texas0
Oct 28, 2025investor presentationsdeck (PDF, not read)not readMajority-Owned Joint Venture with Fluidstack for 168 MW in Texas0
Oct 28, 2025investor presentationsdeckMajority-Owned Joint Venture with Fluidstack for 168 MW in1
Oct 28, 2025filings and press releasesearnings releaseTeraWulf Reports Preliminary Third Quarter 20253
Oct 28, 2025filings and press releasesearnings releaseTeraWulf Expands Strategic Partnership with5
Oct 16, 2025filings and press releasespress releaseTeraWulf Inc. Announces Pricing of $3.2 Billion of Senior Secured1
Oct 14, 2025filings and press releasespress releaseRisks Relating to Our Business0
Oct 14, 2025filings and press releasespress releaseTeraWulf Inc. Announces Proposed Offering of $3.21

A candidate statement is one sentence of 40 to 700 characters that contains a forward-looking word (expect, target, plan, on track, will reach, by year-end and the like) and either a quantity with a unit (EH/s, MW, J/TH, BTC, dollars, percent) or a dated target (a quarter, a half, a month or a year). Safe-harbor boilerplate is dropped by its own words. The rule is mechanical: it does not read what a sentence projects, which the research pass behind the guidance ledger does; a document contributes at most 60 candidates, in document order. Every company's corpus.

Other metrics

Definitions

Filed and calculated figures for matching periods. Open a calculation for its arithmetic and sources. Cash flow covers the stated period, not trailing 12 months.

Filed and calculated metrics with their periods and sources
Latest value
-$140.5Mperiod ended Jun 30, 2026Form 10-Q Aug 5, 2026
-1.94period ended Jun 30, 2026Form 10-Q Aug 5, 2026
$7.9Bas of Jun 30, 2026Form 10-Q Aug 5, 2026
$147.3Mas of Jun 30, 2026Form 10-Q Aug 5, 2026
$3.06Bas of Mar 31, 2026Form 10-Q May 8, 2026
$3.6Bas of Jun 30, 2026Form 10-Q Aug 5, 2026
$12.4Mperiod ended Jun 30, 2026Form 10-Q Aug 5, 2026
$21.2Mperiod ended Jun 30, 2026Form 10-Q Aug 5, 2026
$5.8M1110 days oldperiod ended Sep 30, 2023Form 10-Q/A Nov 22, 2023
-$154.3Mperiod ended Jun 30, 2026Form 10-Q Aug 5, 2026
$1.38Bperiod ended Jun 30, 2026Form 10-Q Aug 5, 2026
$1.27B471 days oldas of Jun 30, 2025Form 10-K Feb 27, 2026
$28KQuarter: Apr 1, 2026 to Jun 30, 2026Form 10-Q Aug 5, 2026
-$1.61BHalf-year: Jan 1, 2026 to Jun 30, 2026Form 10-Q Aug 5, 2026
$1.07BHalf-year: Jan 1, 2026 to Jun 30, 2026Form 10-Q Aug 5, 2026
Cash flow after property and equipment purchases
Calculation and inputs

Cash from operations -154,300,000 USD minus purchases of property and equipment 1,378,514,000 USD = -1,532,814,000 USD; same filing and period Jan 1, 2026 to Jun 30, 2026.

Cash from operations: -$154.3Mus-gaap:NetCashProvidedByUsedInOperatingActivities

Purchases of property and equipment: $1.38Bus-gaap:PaymentsToAcquirePropertyPlantAndEquipment

-$1.53BderivedHalf-year: Jan 1, 2026 to Jun 30, 2026Form 10-Q Aug 5, 2026
Operating margin
Calculation and inputs

Operating income (loss) -140,450,000 USD / revenue 44,767,000 USD x 100 = -313.74%; same filing and period Apr 1, 2026 to Jun 30, 2026.

Operating income (loss): -$140.5Mus-gaap:OperatingIncomeLoss

Revenue: $44.8Mus-gaap:Revenues

-313.7%derivedQuarter: Apr 1, 2026 to Jun 30, 2026Form 10-Q Aug 5, 2026
Net margin
Calculation and inputs

Net income (loss) -939,917,000 USD / revenue 44,767,000 USD x 100 = -2,099.58%; same filing and period Apr 1, 2026 to Jun 30, 2026.

Net income (loss): -$939.9Mus-gaap:NetIncomeLoss

Revenue: $44.8Mus-gaap:Revenues

-2,099.6%derivedQuarter: Apr 1, 2026 to Jun 30, 2026Form 10-Q Aug 5, 2026

Filings

All WULF filings

The last 18 of 1246 filings on EDGAR, grouped into 15 events.

The last 18 of 1246 filings on EDGAR: filed, form, document, period
Oct 5, 2026Form 8-KForm 8-K, Oct 5, 2026Items 8.01, 9.01Oct 1, 2026
Oct 2, 2026Form 4x3Form 4, Oct 2, 20263 notices filed the same day. The first is linked.Sep 30, 2026
Sep 29, 2026Form 4Form 4, Sep 29, 2026Sep 29, 2026
Sep 25, 2026Schedule 13GSchedule 13G, Sep 25, 2026none stated
Sep 23, 2026Form 4Form 4, Sep 23, 2026Sep 22, 2026
Sep 22, 2026Form 144Form 144, Sep 22, 2026none stated
Sep 16, 2026Form 4Form 4, Sep 16, 2026Sep 15, 2026
Sep 11, 2026Form 4Form 4, Sep 11, 2026Sep 10, 2026
Sep 9, 2026Form 4Form 4, Sep 9, 2026Sep 8, 2026
Sep 8, 2026Form 144Form 144, Sep 8, 2026none stated
Sep 1, 2026Form 4Form 4, Sep 1, 2026Aug 31, 2026
Sep 1, 2026Form 144Form 144, Sep 1, 2026none stated
Aug 28, 2026Form 4Form 4, Aug 28, 2026Aug 27, 2026
Aug 17, 2026Form 4x2Form 4, Aug 17, 20262 notices filed the same day. The first is linked.Aug 14, 2026
Aug 13, 2026Schedule 13GSchedule 13G, Aug 13, 2026none stated

Facilities

Explorer

7 facilities, each linked to its disclosure.

About the locations
Each row says what its coordinates mark: the site itself, a filed address, a power plant, a land parcel, or the centre of the city, county, state or country its filing names.
7 facilities on file: site, location, stage, megawatts energized and nameplate, source
Source
Lake Mariner Data CampusBarker (Town of Somerset), NY (at the state's address point for a filed address, on its main structure)operating24775010-K FY2025
Lake Hawkeye (Cayuga site)Lansing, NY (at the state's address point for a filed address, on its main structure)permitted04008-K EX-99.1 Aug 5, 2026
Justified Data CampusHawesville, KY (at the centre of its city)announced04808-K EX-99.1 Aug 5, 2026
Muskie Data CampusGrayson, KY (at the centre of its city)announced01,0008-K EX-99.1 May 26, 2026
Chesapeake Data Campus (Morgantown Generating Station)Newburg (Morgantown), MD (at the centre of its county)announced01,0008-K EX-99.1 Aug 5, 2026
Abernathy HPC Campus (Abernathy Joint Venture / Flash Compute)Abernathy, TX (at the centre of its city)sold024010-K FY2025
Nautilus Cryptomine FacilityBerwick, PA (at the centre of its city)soldnot disclosednot disclosed10-K FY2025
Megawatts by site, on one scale (the longest bar is 1,000 MW). Solid is energized, outlined is nameplate. A schematic of filed figures only: it shows no buildings, layout or land area.
  • Lake Mariner Data Campus247 MW energized, 750 MW nameplate, power: grid (NYISO, predominantly zero-carbon per Company)
    10-K FY2025
  • Lake Hawkeye (Cayuga site)0 MW energized, 400 MW nameplate, power: grid
    8-K EX-99.1 Aug 5, 2026
  • Justified Data Campus0 MW energized, 480 MW nameplate, power: grid
    8-K EX-99.1 Aug 5, 2026
  • Muskie Data Campus0 MW energized, 1,000 MW nameplate, power: grid
    8-K EX-99.1 May 26, 2026
  • Chesapeake Data Campus (Morgantown Generating Station)0 MW energized, 1,000 MW nameplate, power: owned-generation (existing ~210 MW; plan 1 GW generation + 500 MW battery storage)
    8-K EX-99.1 Aug 5, 2026
  • Abernathy HPC Campus (Abernathy Joint Venture / Flash Compute)0 MW energized, 240 MW nameplate, power: grid
    10-K FY2025

1 more site has no megawatt figure on file and is left out.

Scroll through history

Dated events from TeraWulf Inc.'s own filings and disclosures, each linked to its source, showing at most 14 events and keeping the most recent deals and facility dates (every facility is in the table above). Bitcoin halvings appear from the year its record begins.

TeraWulf logo

  1. Earliest SEC filing on file A 10SB12G form, the first filing under this company's EDGAR record that this site holds.

    Source: 10SB12G on EDGAR

  2. Bitcoin's first halving The reward for each block mined was cut in half, for every miner at once.

    Source: Block on mempool.space

  3. Bitcoin's second halving The reward for each block mined was cut in half, for every miner at once.

    Source: Block on mempool.space

  4. Bitcoin's third halving The reward for each block mined was cut in half, for every miner at once.

    Source: Block on mempool.space

  5. Renamed from IKONICS CORP The company now files as TERAWULF INC..

    Source: EDGAR company record

  6. Energized: Lake Mariner Data Campus Barker (Town of Somerset), NY

    Source: TeraWulf 8-K EX-99.1 Mar 17, 2022

  7. Energized: Nautilus Cryptomine Facility Berwick, PA

    Source: TeraWulf 10-K FY2022, filed Mar 31, 2023

  8. Bitcoin's fourth halving The reward for each block mined was cut in half, for every miner at once.

    Source: Block on mempool.space

  9. Core42 (G42 subsidiary): operating Lake Mariner (WULF Den 2 MW, CB-1 16 MW, CB-2A/CB-2B 42 MW)

    Source: 8-K EX-99.1 Nov 10, 2025

  10. Fluidstack USA I Inc. (Google LLC backstop) - CB-3 and CB-4 leases ('WULF-1'): operating Lake Mariner (CB-3 42 MW delivered July 2026; CB-4 168 MW under construction, phased H2 2026)

    Source: 8-K EX-99.1 Aug 14, 2025

  11. Fluidstack USA I Inc. (Google LLC backstop) - CB-5 lease ('WULF-2'): contracted Lake Mariner (CB-5, under construction, phased delivery early 2027)

    Source: 8-K EX-99.1 Aug 18, 2025

  12. Fluidstack (Abernathy Joint Venture, FS CS I LLC; Google $1.3B backstop): sold Abernathy, TX (SPP)

    Source: 8-K EX-99.1 Oct 28, 2025

  13. Announced: Muskie Data Campus Grayson, KY

    Source: TeraWulf 8-K EX-99.1 May 26, 2026

  14. Anthropic PBC: contracted Justified Data Campus, Hawesville, KY (MISO)

    Source: 8-K EX-99.1 Jul 6, 2026