TeraWulf (WULF)

• Market cap: $2.47B
• 1 day: 9.40%
• 5 days: 24.27%
• 1 month: -21.95%
• 3 months: 26.23%
• 6 months: 8.47%
• Year to date: 17.22%
• 1 year: 347.55%
• 5 years: -68.47%
• 10 years: -68.47%
• 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

41% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 41

7% more funds holding

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

1% more capital invested

Capital invested by funds: $769M [Q2] → $775M (+$6.47M) [Q3]

8.62% less ownership

Funds ownership: 51.68% [Q2] → 43.06% (-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 48% upside
• Avg. target: $10.10 58% upside
• High target: $11 72% upside

5 analyst ratings

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

Rosenblatt Kevin Cassidy 63% 1-year accuracy 34 / 54 met price target	56% upside $10	Buy Maintained	13 Jan 2025
Needham John Todaro 88% 1-year accuracy 58 / 66 met price target	48% upside $9.50	Buy Reiterated	13 Jan 2025
Cantor Fitzgerald Brett Knoblauch 69% 1-year accuracy 55 / 80 met price target	72% upside $11	Overweight Reiterated	6 Jan 2025
Northland Capital Markets Mike Grondahl 63% 1-year accuracy 27 / 43 met price target	56% upside $10	Outperform Maintained	24 Dec 2024
B. Riley Securities Lucas Pipes 53% 1-year accuracy 60 / 113 met price target	56% upside $10	Buy Maintained	19 Dec 2024