Terawulf Inc Stock Price, News & Analysis

TeraWulf (NASDAQ: WULF), a zero-carbon digital infrastructure company, has announced the pricing of $850 million in Convertible Senior Notes due 2031 with a 1.00% interest rate. The notes will be sold to qualified institutional buyers under Rule 144A.

The notes will have an initial conversion price of $12.43 per share, representing a 32.50% premium over the closing price of $9.38. The company expects net proceeds of approximately $828.7 million, which will be used for data center expansion and corporate purposes. Additionally, TeraWulf entered into capped call transactions with a cap price of $18.76 per share, representing a 100% premium.

The initial purchasers have a 13-day option to buy up to $150 million in additional notes. The offering is expected to close on August 20, 2025.

TeraWulf (NASDAQ:WULF), a zero-carbon digital infrastructure company, has announced plans to offer $400 million in convertible senior notes due 2031 through a private offering to qualified institutional buyers. The company will also grant initial purchasers an option for an additional $60 million in notes.

The convertible notes will be senior unsecured obligations with semi-annual interest payments starting March 1, 2026. The notes will be convertible into cash for the principal amount, and either cash, common stock, or a combination thereof for any excess conversion value. TeraWulf plans to use the proceeds to fund capped call transactions and data center expansion.

The company will enter into capped call transactions to reduce potential stock dilution and offset cash payments above the principal amount upon conversion. These transactions may impact WULF's stock price through related hedging activities by option counterparties.

TeraWulf (Nasdaq: WULF) announced a significant expansion of its partnership with Fluidstack at its Lake Mariner data center campus. The expansion includes a new 160 MW CB-5 data center building, increasing total contracted capacity to over 360 MW of critical IT load.

The agreement represents $6.7 billion in contracted revenue, with potential to reach $16 billion with lease extensions. Google has increased its backstop to $3.2 billion and will receive warrants for 32.5 million shares, increasing its stake in TeraWulf to 14%. Operations at CB-5 are expected to commence in H2 2026.

TeraWulf (Nasdaq: WULF) has secured an 80-year ground lease for 183 acres at the Cayuga site in Lansing, New York, enabling the development of up to 400 MW of digital infrastructure capacity. The strategic expansion includes 138 MW of predominantly zero-carbon power expected to be operational by 2026.

The former coal-fired power plant site features existing electrical infrastructure, water intake systems, and fiber connectivity. Located in Upstate New York, the facility benefits from clean energy with electricity costs below $0.05 per kilowatt-hour. The transaction involves $98 million in total consideration, including $95 million in WULF common stock and $3 million in cash, paid to Cayuga Operating Company.

The site will include a planned 67 MW solar installation and an 800 MWh battery storage system, positioning TeraWulf for AI and high-performance computing growth.

TeraWulf (NASDAQ:WULF) has secured two major 10-year HPC colocation agreements with Fluidstack to deliver over 200 MW of critical IT load at its Lake Mariner data center campus. The agreements represent approximately $3.7 billion in contracted revenue over the initial term, with potential to reach $8.7 billion if extension options are exercised.

Google will backstop $1.8 billion of Fluidstack's lease obligations and receive warrants for approximately 41 million shares (8% equity stake) in TeraWulf. The deployment schedule targets 40 MW online by H1 2026, with full 200+ MW capacity expected by year-end 2026. The Lake Mariner facility features dual 345 kV transmission lines, closed-loop water cooling, and ultra-low-latency fiber connectivity.

TeraWulf (Nasdaq: WULF), a company operating next-generation digital infrastructure powered by zero-carbon energy, has rescheduled its second quarter 2025 investor conference call. The call will now take place on Thursday, August 14, 2025, at 8:00 a.m. ET, moved from the original date of August 8, 2025.

A supplemental investor presentation covering Q2 2025 results and recent developments will be available on the company's investor relations website before the call. The conference call will be accessible via webcast and phone dial-in, with replay available until August 28, 2025.

TeraWulf (NASDAQ: WULF) reported its Q2 2025 financial results, showcasing significant growth in its digital infrastructure operations. Revenue increased 34% year-over-year to $47.6 million, while BTC mining capacity grew 45.5% to 12.8 EH/s. The company self-mined 485 bitcoin at an average power cost of $45,555 per bitcoin.

TeraWulf is on track to deliver 72.5 MW of HPC hosting infrastructure to Core42 in 2025 and targets 200-250 MW operational capacity by end-2026. The company has secured interconnection approval for 500 MW at Lake Mariner, with pending approvals to reach 750 MW. As of June 30, 2025, TeraWulf maintained $90.0 million in cash and bitcoin with total outstanding debt of $500.0 million.

TeraWulf (Nasdaq: WULF), a vertically integrated digital infrastructure company focused on zero-carbon energy, has scheduled its Q2 2025 earnings conference call for Friday, August 8, 2025, at 8:00 a.m. ET.

The company will release its financial results for the quarter ended June 30, 2025, via press release before the call. Investors can participate through the webcast or dial-in options, with replay access available until August 22, 2025.

TeraWulf (NASDAQ: WULF) has announced the acquisition of Beowulf Electricity & Data LLC for approximately $52.4 million. The deal structure includes $3 million in cash, 5 million shares of TeraWulf common stock at closing, with potential additional payments of up to $19 million in cash and $13 million in stock tied to milestone achievements.

The strategic acquisition consolidates TeraWulf's corporate structure by eliminating a related-party relationship and integrating 94 Beowulf E&D employees. The transaction maintains TeraWulf's 2025 cost guidance, with SG&A expenses of $40-$45 million and operating expenses of $20-$25 million.

Key benefits include strengthened vertical integration in power generation operations, enhanced access to capital markets through improved transparency, and expanded investor appeal by eliminating related-party constraints. The deal was approved by a special independent committee and received a fairness opinion from Piper Sandler & Co.