Terawulf Inc Stock Price, News & Analysis

TeraWulf (Nasdaq: WULF) will hold a conference call and webcast to discuss third quarter 2025 financial results for the period ended September 30, 2025.

Call date & time: Monday, November 10, 2025 at 4:30 p.m. Eastern Time. A press release with results will be issued prior to the call the same day.

Access: Webcast at https://viavid.webcasts.com/starthere.jsp?ei=1741183&tp_key=8857990d2f, dial-in 1-877-407-0789 or 1-201-689-8562, Access ID 13756928, or use the Call me™ link for instant telephone access (available 15 minutes before start).

Replay: Dial (844) 512-2921 or (412) 317-6671. Replay expires Monday, November 24, 2025 at 11:59 PM ET. Access ID 13756928.

TeraWulf (Nasdaq: WULF) completed a private offering of 0.00% Convertible Senior Notes due 2032 on Oct 31, 2025, selling an aggregate principal amount of $1.025 billion, which includes $125 million issued under an initial purchasers' option.

Net proceeds were approximately $999.7 million after deducting initial purchasers’ discounts, commissions and estimated offering expenses. The company intends to use the net proceeds to fund part of construction of a data center campus in Abernathy, Texas and for general corporate purposes. The notes were sold in a private Rule 144A offering to qualified institutional buyers.

TeraWulf (Nasdaq: WULF) announced an upsize and pricing of a $900.0 million private offering of 0.00% Convertible Senior Notes due 2032 with a 37.5% conversion premium and an initial purchasers' option for an additional $125.0 million. Net proceeds are expected to be approximately $877.6 million (or ~$999.7 million if the option is exercised). The company intends to use proceeds to fund construction of a data center campus in Abernathy, Texas and for general corporate purposes. Initial conversion rate is 50.1567 shares per $1,000 (initial conversion price ~$19.9375), and the notes mature on May 1, 2032.

TeraWulf (Nasdaq: WULF) announced a proposed private offering of $500 million aggregate principal amount of convertible senior notes due May 1, 2032, with an initial purchaser option to buy up to an additional $75 million within 13 days of issuance. The notes will be senior unsecured, will not bear regular interest, and will not accrete.

The company intends to use net proceeds to fund part of the construction cost of a data center campus in Abernathy, Texas and for general corporate purposes. The offering is to qualified institutional buyers under Rule 144A and is subject to market conditions and customary closing terms.

TeraWulf (NASDAQ:WULF) announced a 51% majority joint venture with Fluidstack to develop 168 MW of critical IT load at the Abernathy, Texas campus, with expected delivery in the second half of 2026.

The JV includes a 25-year hosting commitment representing approximately $9.5 billion in contracted revenue and expands TeraWulf’s contracted HPC platform to more than 510 MW. Google will back roughly $1.3 billion of Fluidstack’s long-term lease obligations to support project debt. Total project cost is estimated at $8–10 million per MW. TeraWulf secured an exclusive right to partner on the next ~168 MW Fluidstack-led project and is targeting 250–500 MW of additional contracted capacity per year.

TeraWulf (Nasdaq: WULF) reported preliminary Q3 2025 results on Oct 28, 2025. The company expects Q3 revenue of $48M–$52M, an approximate 84% YoY increase versus $27M in Q3 2024, and adjusted EBITDA of $15M–$19M versus $6M in Q3 2024.

Management highlighted repositioning Lake Mariner toward high‑performance compute (HPC) workloads and said the company has secured more than 510 MW of contracted critical IT load, including a new joint venture announced the same day, and targets contracting an additional 250–500 MW per year. Full audited Q3 results and reconciliations are expected in November 2025.

TeraWulf (Nasdaq: WULF) announced that its subsidiary WULF Compute priced a $3.2 billion offering of 7.750% senior secured notes due 2030 at par in a private Rule 144A placement to qualified institutional buyers. The Offering is expected to close on October 23, 2025, subject to market and other conditions.

Net proceeds are intended to finance the data center expansion at the Lake Mariner campus in Barker, New York. The Notes will be guaranteed by WULF Compute subsidiaries and secured by first‑priority liens on substantially all assets of WULF Compute and the guarantors, certain equity interests, a designated lockbox account, and, prior to expansion completion, a pledge by Google LLC of warrants to purchase TeraWulf common stock. Morgan Stanley is sole bookrunner.

TeraWulf (Nasdaq: WULF) announced on October 14, 2025 that its subsidiary WULF Compute intends to offer $3.2 billion aggregate principal amount of senior secured notes due 2030 in a private Rule 144A offering to qualified institutional buyers.

Net proceeds are intended to finance a portion of the Lake Mariner data center expansion in Barker, New York. The Notes will be guaranteed by three WULF Compute subsidiaries and secured by first‑priority liens on substantially all WULF Compute and guarantor assets, equity interests of WULF Compute, a designated Fluidstack lockbox account, and a pre‑completion pledge of Google warrants. Morgan Stanley is sole bookrunner; completion is subject to market and other conditions.

TeraWulf (Nasdaq: WULF), a zero-carbon digital infrastructure company, has successfully completed its convertible notes offering with the full exercise of the greenshoe option. Initial purchasers exercised their option to buy an additional $150 million of 1.00% Convertible Senior Notes due 2031, bringing the total offering to $1.0 billion.

The private placement, made to qualified institutional buyers under Rule 144A, generated net proceeds of $975.2 million after expenses. The company implemented additional capped call transactions with a cap price of $18.76, representing a 100% premium over the last reported stock price. TeraWulf allocated $100.6 million to fund the capped call transactions, with remaining proceeds designated for data center expansion and general corporate purposes.