Terawulf

TeraWulf, Inc. owns and operates fully integrated environmentally clean bitcoin mining facilities in the United States. TeraWulf will generate domestically produced bitcoin powered by nuclear, hydro and solar energy. The company was founded on February 8, 2021 and is headquartered in Easton, MD.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

TeraWulf reports robust 2022 performance, eyes growth opportunities ahead

TeraWulf's Q4 2022 earnings call highlighted significant achievements, strong assets, and a commitment to shareholder value. The company's focus on growth, efficiency, and transparency positions it well for future success amidst industry challenges.

TeraWulf reports robust Q2 growth, eyes expansion and debt reduction

TeraWulf's Q2 2023 performance showcased strong production growth and improved profitability, driven by operational efficiency and financial transparency. While facing challenges with rising expenses and debt, the company aims to capitalize on opportunities for expansion and debt reduction post-halving, aligning with their zero-carbon mining strategy.

TeraWulf reports robust Q3 earnings, eyes sustainable growth strategies

TeraWulf's Q3 performance showcased strong financial results, debt reduction, and strategic initiatives. Despite facing short interest challenges, the company's emphasis on sustainable practices and growth opportunities positions it well for future success.

TeraWulf excels in Q4 2023, eyes growth amid market challenges

TeraWulf's Q4 2023 Earnings Call showcased impressive financial results, strategic initiatives for growth, and a commitment to shareholder value and transparency.
While the company faces challenges in market perception and financing, it is well-positioned to capitalize on opportunities in efficient operations, sustainable mining, and strategic partnerships.
Investors can find value in TeraWulf's performance, focus on profitability, and plans for debt reduction and growth, underpinned by a strong balance sheet and innovative initiatives.

Terawulf reports robust Q1 earnings, eyes sustainable growth opportunities

Terawulf's Q1 2024 earnings call highlighted strong financial performance, strategic growth initiatives, and a commitment to sustainable profitability.
The company faces challenges in power market dynamics and capital allocation but sees opportunities in scalable infrastructure and HPC-AI business expansion.
By prioritizing debt repayment, capital efficiency, and shareholder value, Terawulf aims to navigate challenges and capitalize on growth prospects.

Terawulf excels in Q2 2024, poised for growth in AI and HPC sectors

Terawulf's Q2 2024 earnings call highlighted strong financial performance, operational achievements, and strategic initiatives in AI, HPC, and Bitcoin mining. The company's focus on growth, profitability, and shareholder value creation positions it well for future success amidst market challenges and opportunities.
Despite facing challenges related to customer demand, margin optimization, and operational efficiency, Terawulf's proactive approach to addressing these issues and leveraging growth opportunities underscores its resilience and strategic foresight.
By capitalizing on opportunities in the HPC/AI sector, data center operations, and cryptocurrency market trends, Terawulf can drive revenue growth, market expansion, and sustainable profitability. Strategic partnerships and operational excellence will be key to realizing these opportunities.

Terawulf reports Q3 revenue decline, focuses on clean energy growth

Terawulf's Q3 '24 performance reflects a mixed financial picture with revenue decline and increased expenses.
The company's strategic strengths lie in debt reduction, asset sales, and focus on clean energy services.
Challenges include revenue diversification needs, regulatory uncertainties, and managing expense growth.
Opportunities exist in expanding hosting facilities, meeting clean energy demand, and maximizing shareholder value.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

TeraWulf, Inc. owns and operates fully integrated environmentally clean bitcoin mining facilities in the United States. TeraWulf will generate domestically produced bitcoin powered by nuclear, hydro and solar energy. The company was founded by Paul Prager and Nazar Khan on February 8, 2021 and is headquartered in Easton, MD.

Core Scientific Inc

Hut 8 Mining Corp

Marathon Digital Holdings

Riot Blockchain

Whether the Federal Reserve delivers a 25 or 50 basis point rate cut, it could mean a turnaround for bitcoin miners, which have been struggling so far this year, market participants said.

Struggling bitcoin miners may be revived by Fed rate decision, regardless of cut size

Amazon

Bitfarms Ltd

Bit Digital, Inc

Bitdeer Technologies Group

Cipher Mining

CleanSpark

Equinix

Alphabet

Hive Blockchain Technologies Ltd

Hewlett Packard

Iris Energy Ltd

Microsoft

NVIDIA

Oracle

Bitcoin miners are consolidating as crypto prices drop, but have something that deep-pocket AI developers need badly. Here's what's up.

Bitcoin Miners Diversify, Chase Lucrative AI Deals

Needham analyst John Todaro initiated coverage on TeraWulf Inc WULF with a Buy rating and a price target of $6.

Bitcoin Miner TeraWulf Leads Early HPC Market Entry, Analyst Projects $610M Revenue By 2026

Significant advancements of AI/HPC digital infrastructure at Lake Mariner 10.0 EH/s of installed and operational self-mining capacity, doubling year-over-year EASTON, Md., Sept. 04, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a leading owner and operator of vertically integrated, domestic bitcoin mining facilities powered by predominantly zero-carbon energy, today provided an unaudited monthly production and operations update for August 2024.

TeraWulf Announces August 2024 Production and Operations Update

TeraWulf Inc. (NASDAQ:WULF ) Q2 2024 Earnings Conference Call August 12, 2024 5:00 PM ET Company Participants Jason Assad - Director of Corporate Communications Paul Prager - Chief Executive Officer Patrick Fleury - Chief Financial Officer Conference Call Participants Mike Grondahl - Northland Securities Joe Flynn - Compass Point Research & Trading Darren Aftahi - Roth Capital Partners Nick Giles - B. Riley Securities Brett Knoblauch - Cantor Fitzgerald Bill Papanastasiou - Stifel Kevin Cassidy - Rosenblatt Securities Operator Greetings and welcome to the TeraWulf 2024 Second Quarter Earnings Call.

TeraWulf Inc. (WULF) Q2 2024 Earnings Call Transcript

Q2 2024 Revenue of $35.6 million, gross profit (exclusive of depreciation) of $21.7 million and Non-GAAP Adjusted EBITDA of $19.5 million .

TeraWulf Reports Second Quarter 2024 Financial Results

NEW YORK, NY / ACCESSWIRE / August 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of TeraWulf Inc. ("TeraWulf") (NYSE:WULF) concerning possible violations of federal securities laws. Hunterbrook Media reported that TeraWulf has been falsely branding itself as a "zero-carbon Bitcoin miner.

TeraWulf Inc. Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - WULF

NEW YORK, NY / ACCESSWIRE / August 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of TeraWulf Inc. ("TeraWulf") (NYSE:WULF) concerning possible violations of federal securities laws. Hunterbrook Media reported that TeraWulf has been falsely branding itself as a "zero-carbon Bitcoin miner.

Shareholder Rights Advocates at Levi & Korsinsky Investigate TeraWulf Inc. (WULF) Regarding Possible Securities Fraud Violations

NEW YORK, NY / ACCESSWIRE / August 7, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of TeraWulf Inc. ("TeraWulf") (NYSE:WULF) concerning possible violations of federal securities laws. Hunterbrook Media reported that TeraWulf has been falsely branding itself as a "zero-carbon Bitcoin miner.

Levi & Korsinsky Investigates Possible Securities Fraud Violations by TeraWulf Inc. (WULF)

NEW YORK, NY / ACCESSWIRE / August 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of TeraWulf Inc. ("TeraWulf") (NYSE:WULF) concerning possible violations of federal securities laws. Hunterbrook Media reported that TeraWulf has been falsely branding itself as a "zero-carbon Bitcoin miner.

Lost Money on TeraWulf Inc. (WULF)? Contact Levi & Korsinsky Regarding an Ongoing Investigation

ATLANTA, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether TeraWulf Inc. (“TeraWulf” or the “Company”) (NASDAQ: WULF) complied with federal securities laws. On August 5, 2024, Hunterbrook published a reported alleging that TeraWulf's claims of being a “zero-carbon Bitcoin miner” were false. Following this news, the price of the Company's stock dropped.

SHAREHOLDER ALERT: Investigation Into TeraWulf Inc. (WULF) Announced byHolzer & Holzer, LLC

Block & Leviton is investigating TeraWulf (Nasdaq: WULF) for potential securities law violations. Investors who have lost money should contact the firm.

WULF ALERT: TeraWulf Inc. Investigated for Securities Fraud; Block & Leviton Encourages Investors Who Have Lost Money to Contact the Firm

Advancements of AI/HPC digital infrastructure projects at Lake Mariner 10 EH/s of installed and operational self-mining capacity, up 100.0% Y-o-Y Completion of Building 4 at Lake Mariner in July EASTON, Md., Aug. 05, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), owners and operators of vertically integrated, domestic bitcoin mining facilities powered by 95% zero-carbon energy, today provided an unaudited monthly production and operations update for July 2024.

TeraWulf Announces July 2024 Production and Operations Update

MicroStrategy Incorporated

U.S. stock futures were lower this morning, with the Dow futures falling around 700 points on Monday.

MicroStrategy, Cipher Mining, TeraWulf And Other Big Stocks Moving Lower In Monday's Pre-Market Session

EASTON, Md., Aug. 01, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), a U.S.-based, vertically integrated bitcoin mining company powered by more than 91% zero-carbon energy, today announced that it will hold its earnings conference call and webcast for the second ended June 30, 2024 on Monday, August 12 at 5:00 p.m.

TeraWulf Schedules Conference Call for Second Quarter 2024 Financial Results

In a remarkable display of resilience and growth, TeraWulf Inc. WULF and Hut 8 Corp. HUT have emerged as standout performers in the small-cap crypto mining sector, each delivering impressive year-to-date returns of over 40%.

Small-Cap Crypto Stars: TeraWulf, Hut 8 Surge Over 40% YTD

U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 0.2% on Friday.

Bitfarms, TeraWulf And Other Big Stocks Moving Lower In Friday's Pre-Market Session

8.8 EH/s of installed and operational self-mining capacity, up 76% Y-o-Y Construction of Building 4 at Lake Mariner substantially completed in June, paving the way to >10.0 EH/s in July 2024 AI/HPC digital infrastructure projects advancing at Lake Mariner EASTON, Md., July 03, 2024 (GLOBE NEWSWIRE) -- TeraWulf Inc. (Nasdaq: WULF) (“TeraWulf” or the “Company”), owners and operators of vertically integrated, domestic bitcoin mining facilities powered by 95% zero-carbon energy, today provided an unaudited monthly production and operations update for June 2024.

TeraWulf Announces June 2024 Production and Operations Update

Roth MKM analyst Darren Aftahi initiated coverage on TeraWulf Inc.  WULF with a Buy rating and price target of $6.50.

Bullish on Bitcoin Mining? Analyst Sees Big Potential in TeraWulf

Denison Mines

In the vast expanse of the stock market, penny stocks often go unnoticed by the typical investor. However, for those willing to wade through the riskier waters of low-priced equities, the potential rewards are enormous.

The Penny Stock Prophecy: 3 Under-the-Radar Picks Poised for Explosive Growth

iHeartMedia

Luckin Coffee

The 'Undercovered' Dozen highlights twelve ideas from the previous week on stocks with limited coverage. Aehr Test Systems, Rentokil, and first-time coverage for AI-focused Brand Engagement Network are primary features in this edition. Two ETFs are also included: Saba Closed-End Funds ETF and the Vanguard Large-Cap Index Fund ETF.

Undercovered Dozen June 7-13: TeraWulf, Luckin Coffee, iHeartMedia And More

TeraWulf Inc. (NASDAQ:WULF ) Q1 2024 Earnings Conference Call May 13, 2024 5:00 PM ET Company Participants Jason Assad - Director, Corporate Communications Paul Prager - Chairman & CEO Nazar Khan - COO Patrick Fleury - CFO Conference Call Participants Josh Siegler - Cantor Fitzgerald Lucas Pipes - B. Riley Securities Joe Flynn - Compass Point Research Mike Grondahl - Northland Securities Bill Papanastasiou - Stifel Bob Evans - Pennington Capital Operator Greetings and welcome to TeraWulf 2024 First Quarter Earnings Call.

TeraWulf Inc. (WULF) Q1 2024 Earnings Call Transcript

Self-mined 1,057 bitcoin in Q1 2024 , an 8.9% increase over Q4 2023 , on a total installed hashrate of 8.0 EH/s.

TeraWulf Reports First Quarter 2024 Financial Results

Following a broader market rally, Bitcoin ( BTC-USD ) rebounded to the $65,000 mark. The resurgence could be linked to the softer-than-anticipated jobs report, with experts expecting at least a couple of interest rate cuts this year.

3 Crypto Penny Stocks that Could Surge 10X This Year

Bitcoin's price surged over the weekend, due in part to more than $375 million in capital flows into spot Bitcoin ETFs. These moves are notable for these three crypto miners, as each is slated to report earnings over the next week.

News for Terawulf Stock (WULF)