TeraWulf (WULF)

• Market cap: $2.55B
• 1 day: 1.85%
• 5 days: -7.81%
• 1 month: -8.19%
• 3 months: 46.89%
• 6 months: 42.76%
• Year to date: 187.39%
• 1 year: 238.97%
• 5 years: -67.44%
• 10 years: -67.44%
• Sector: Financials
• Industry: Finance Services

About: TeraWulf Inc is a digital asset technology company that is engaged in digital infrastructure and sustainable energy development. The company's primary focus is supporting environmentally conscious bitcoin mining operations by developing and operating facilities within the United States. The company's bitcoin mining facilities are powered by clean, affordable, and reliable energy sources. The company's primary source of revenue stems from the mining of bitcoin conducted at the company's mining facility sites. Additionally, the company occasionally generates revenue through the provision of miner hosting services to third-party entities.

Employees: 10

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

47% more call options, than puts

Call options by funds: $96.1M | Put options by funds: $65.3M

45% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 53

35% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 43

7% more funds holding

Funds holding: 201 [Q2] → 216 (+15) [Q3]

1% more capital invested

Capital invested by funds: $768M [Q2] → $775M (+$6.42M) [Q3]

8.62% less ownership

Funds ownership: 51.65% [Q2] → 43.03% (-8.62%) [Q3]

83% less funds holding in top 10

Funds holding in top 10: 6 [Q2] → 1 (-5) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $9.50 44% upside
• Avg. target: $10.10 53% upside
• High target: $11 66% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

B. Riley Securities Lucas Pipes 62% 1-year accuracy 71 / 114 met price target	51% upside $10	Buy Maintained	19 Dec 2024
Rosenblatt Kevin Cassidy 56% 1-year accuracy 30 / 54 met price target	51% upside $10	Buy Maintained	5 Dec 2024
Cantor Fitzgerald Brett Knoblauch 70% 1-year accuracy 54 / 77 met price target	66% upside $11	Overweight Reiterated	4 Dec 2024
Northland Capital Markets Mike Grondahl 73% 1-year accuracy 29 / 40 met price target	51% upside $10	Outperform Maintained	13 Nov 2024
Needham John Todaro 89% 1-year accuracy 54 / 61 met price target	44% upside $9.50	Buy Maintained	13 Nov 2024