WULF

In April 2026, TeraWulf announced an $800 million common stock offering to fund data center construction and for general corporate purposes, potentially leading to dilution. In May 2026, Q1 2026 revenue was reported at $34.0 million, with $21.0 million from HPC lease revenue. August 2026 saw Q2 2026 revenue of $44.8 million, with HPC lease revenue reaching $31.9 million (71% of total revenue), and the Kentucky Public Service Commission approved a 482 MW power agreement for its Justified Data Campus. In September 2026, several financial institutions initiated 'Buy' or 'Overweight' ratings with price targets from $19 to $30, while Rothschild & Co Redburn initiated a 'Neutral' rating with a $15 target due to rising risk signals; the stock's Momentum Indicator and MACD also turned negative. In October 2026, the company announced an expansion of its contracted power capacity at the Muskie Data Campus from 500 MW to 1 GW by 2029, yet the stock dipped over 4% on the news, despite gaining over 30% year-to-date and over 12% in the last 12 months.