TeraWulf Inc. (WULF)

TeraWulf's stock has significantly appreciated, rising by 342.26% over the past six months. Key events include an upsized offering of convertible senior notes to fund data center expansion, contracts to deliver HPC hosting infrastructure to Core42, and strong Q2 2025 revenue. The company also announced a joint venture with Fluidstack for a data center campus in Texas, supported by a Google backstop, and reported preliminary Q3 2025 revenue expectations with a substantial year-over-year increase. The stock has been influenced by cryptocurrency prices and the potential for inflows into the digital assets market, as well as TeraWulf's shift towards AI infrastructure.

Demand seasonality for TeraWulf, Inc.'s products and services is primarily tied to Bitcoin mining and high-performance computing (HPC) hosting. Bitcoin mining is influenced by Bitcoin price fluctuations and network difficulty, while HPC hosting demand is driven by enterprise and hyperscale customers with project-based demands or long-term contracts. The company's transition to a contracted business model for HPC hosting is intended to reduce the volatility associated with cryptocurrency prices.

TeraWulf, Inc. is a digital asset technology company specializing in sustainable digital infrastructure and energy development. It operates bitcoin mining facilities powered by clean energy sources and is expanding into high-performance computing hosting for AI and cloud applications. The company's sector is Technology Services, specifically Data Processing Services, and its major products include bitcoin mining and miner hosting services, as well as HPC hosting infrastructure.

TeraWulf, Inc. develops and operates its bitcoin mining and data center facilities within the United States. Key facilities include the Lake Mariner facility in Western New York, utilizing hydroelectric power, and the Nautilus Cryptomine in Pennsylvania, a joint venture powered by nuclear energy. TeraWulf is also expanding with a new joint venture in Abernathy, Texas, to develop a 168 MW data center campus.

TeraWulf's brand reputation is positively influenced by its focus on sustainable bitcoin mining operations and its expansion into high-performance computing hosting and AI infrastructure. The company's commitment to carbon-free mining, strategic partnerships with Fluidstack and Google, positive earnings reports, and favorable Bitcoin seasonality have all contributed to a positive perception. The company's focus on ESG and major deals have bolstered its market recognition, while positive earnings have fostered market sentiments.

TeraWulf Inc. is owned by a mix of institutional shareholders, insiders, and retail investors. Approximately 55.17% of the company's stock is held by institutional shareholders, 38.38% by TeraWulf insiders, and 6.45% by retail investors. Major institutional owners include BlackRock, Inc. and Vanguard Group Inc. Paul B. Prager, Chairman and CEO, is the largest individual shareholder, and Nazar M. Khan, COO and CTO, also holds a significant number of shares.