TeraWulf (WULF)

Company Profile

TeraWulf was formed to own and operate fully integrated environmentally clean bitcoin mining facilities in the United States. TeraWulf will generate domestically produced bitcoin powered by nuclear, hydro and solar energy.

Company profile

Ticker

WULF

Exchange

NASDAQ

Website

terawulf.com

CEO

Glenn Sandgren

Incorporated

Delaware

Location

Maryland

Fiscal year end

Dec 31

Sector

Manufacturing > Paint and Coating Manufacturing

Industry (SIC)

Services - Computer Processing & Data Preparation

Automatic Data Processing • DXC Technology • Liberty TripAdvisor Holdings Inc - Series A • Sohu.com • Corelogic • Zynga • Cars.com • Verisk Analytics • Bilibili • Playtika Holding ...

Former names

CHROMALINE CORP, IKONICS CORP

SEC CIK

0001083301

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Kyalami Data LLC • Lake Mariner Data LLC • Nautilus Cryptomine LLC • TeraCub Inc. • TeraWulf Brookings LLC • TeraWulf Ploughwind LLC • TeraWulf (Thales) LLC • IKONICS Corporation ...

IRS number

410730027

WULF stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

View all

8-K

Results of Operations and Financial Condition

30 Mar 23

8-K

Entry into a Material Definitive Agreement

24 Mar 23

EFFECT

Notice of effectiveness

22 Mar 23

8-K

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard

17 Mar 23

S-3/A

Shelf registration (amended)

10 Mar 23

Regulation FD Disclosure

8 Mar 23

8-K

Entry into a Material Definitive Agreement

Submission of Matters to a Vote of Security Holders

24 Feb 23

Latest ownership filings

View all

Nazar M. Khan

13 Mar 23

Change in insider ownership

Stammtisch Investments LLC

Financial summary

Financial statements Chart WULF financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21	Dec 20	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	11.73 mm	11.73 mm	11.73 mm	11.73 mm	11.73 mm	11.73 mm
Cash burn (monthly)	(no burn)	(no burn)	4.46 mm	2.53 mm	1.08 mm	2.75 mm
Cash used (since last report)	n/a	n/a	26.89 mm	15.26 mm	6.52 mm	16.59 mm
Cash remaining	n/a	n/a	-15.16 mm	-3.53 mm	5.21 mm	-4.86 mm
Runway (months of cash)	n/a	n/a	-3.4	-1.4	4.8	-1.8

Beta Read what these cash burn values mean

Financial data from TeraWulf earnings reports.

Institutional ownership, Q4 2022

WULF institutional ownership history Ownership history

56.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	61	65	-6.2%
Opened positions	9	6	+50.0%
Closed positions	13	15	-13.3%
Increased positions	22	20	+10.0%
Reduced positions	10	18	-44.4%

13F shares	Current	Prev Q	Change
Total value	7.06 bn	393.75 mm	+1693.1%
Total shares	105.55 mm	71.25 mm	+48.1%
Total puts	0.00	0.00
Total calls	0.00	1.30 k	EXIT
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Stammtisch Investments	48.85 mm	$381.54 mm	0.0%
Bryan J. Pascual	17.51 mm	$14.10 mm	NEW
Revolve Capital	14.43 mm	$0.00	+33.3%
Opportunity Four of Parabolic Ventures	10.00 mm	$8.05 mm	NEW
Nazar M. Khan	2.68 mm	$0.00	0.0%
Vanguard	2.59 mm	$1.72 bn	+14.9%
Paloma Partners Management	2.05 mm	$1.37 bn	NEW
BLK Blackrock	1.74 mm	$1.16 bn	+12.2%
Van Eck Associates	1.12 mm	$746.00 k	+109.5%
P Schoenfeld Asset Management	891.50 k	$593.38 mm	+16.7%

Largest transactions	Shares	Bought/sold	Change
Bryan J. Pascual	17.51 mm	+17.51 mm	NEW
Opportunity Four of Parabolic Ventures	10.00 mm	+10.00 mm	NEW
Revolve Capital	14.43 mm	+3.60 mm	+33.3%
Paloma Partners Management	2.05 mm	+2.05 mm	NEW
Van Eck Associates	1.12 mm	+585.65 k	+109.5%
Vanguard	2.59 mm	+336.12 k	+14.9%
STT State Street	335.91 k	+335.91 k	NEW
Exchange Traded Concepts	0.00	-273.30 k	EXIT
MS Morgan Stanley	230.60 k	+221.03 k	+2310.4%
Empowered Funds	0.00	-209.90 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

WULF insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
13 Mar 23	Paul B. Prager	Common stock, $0.001 par value per share	Option exercise	Acquire M	Yes	No	12,000,000	26,124,121
13 Mar 23	Paul B. Prager	Common stock, $0.001 par value per share	Option exercise	Acquire M	Yes	No	1,190,476	4,736,371
13 Mar 23	Paul B. Prager	Warrants to Purchase Common Stock Common Stock	Option exercise	Acquire M	Yes	No	12,000,000	0
13 Mar 23	Paul B. Prager	Warrants to Purchase Common Stock Common Stock	Option exercise	Acquire M	Yes	No	1,190,476	0
13 Mar 23	Nazar M. Khan	Common stock, $0.001 par value per share	Option exercise	Acquire M	Yes	No	1,190,476	5,646,093
13 Mar 23	Nazar M. Khan	Warrants to Purchase Common Stock Common Stock	Option exercise	Acquire M	Yes	No	1,190,476	0
13 Mar 23	Stammtisch Investments	Common stock, $0.001 par value per share	Option exercise	Acquire M	No	No	12,000,000	26,124,121
13 Mar 23	Stammtisch Investments	Warrants to Purchase Common Stock Common Stock	Option exercise	Acquire M	No	No	12,000,000	0
4 Mar 23	Walter E. Carter	Common stock	Grant	Acquire A	No	No	31,927	53,789
4 Mar 23	Michael C. Bucella	Common stock	Grant	Acquire A	No	No	22,537	22,537