Terawulf Inc - WULF STOCK NEWS

TeraWulf (Nasdaq: WULF), a zero-carbon digital infrastructure operator, has announced its participation in multiple high-profile investor and industry conferences from May to June 2025.

The conference schedule includes:

• JP Morgan Global TMT Conference in Boston (May 13-15)
• AIM Summit in London (May 19-20)
• B Riley 25th Annual Investor Conference in Marina del Ray (May 21-22)
• Bitcoin 2025 in Las Vegas (May 27-29)
• Datacloud Global Congress in Cannes (June 3-5)
• Rosenblatt Annual Age of AI Summit (Virtual, June 10-11)
• Roth 15th Annual London Conference (June 24-26)
• Northland Growth Conference (Virtual, June 25)

TeraWulf (Nasdaq: WULF), a zero-carbon digital infrastructure operator, has announced its senior management's participation in multiple high-profile conferences and events throughout March and April 2025.

The conference schedule includes:

• Bitcoin Ski Summit in Jackson Hole, WY (March 5-7)
• Cantor Global Technology Conference in New York, NY (March 11-12)
• 37th Annual Roth Conference in Dana Point, CA (March 16-18)
• DCD>Connect in New York, NY (March 24-25)
• NVIDIA GTC 2025 in San Jose, CA (March 17-20)
• DC Blockchain Summit 2025 in Washington, DC (March 26)
• Jones Healthcare and Technology Innovation Conference in Las Vegas, NV (April 8-9)
• Data Center World in Washington, DC (April 14-17)
• Jefferies Power x Coin Conference (Virtual, April 16)

TeraWulf (WULF) reported strong financial results for Q4 and full year 2024, with annual revenue increasing 102% to $140.1 million and adjusted EBITDA rising 89% to $60.4 million year-over-year. The company expanded its self-mining capacity by 94% to 9.7 EH/s compared to 5.0 EH/s in 2023.

Key financial highlights include strengthened balance sheet with $274.1 million in cash and bitcoin holdings, elimination of legacy term loan debt, and a new 2.75% convertible notes issuance due 2030. The company has executed over $150 million of its authorized $200 million share repurchase program.

Strategic developments include expansion into AI-driven HPC hosting, with signed long-term data center lease agreements with Core42 for 72.5 MW capacity, expected to generate $1 billion in cumulative revenue over initial 10-year terms. The company monetized its 25% equity stake in Nautilus for $85 million to reinvest in Lake Mariner's HPC hosting capabilities.

TeraWulf Inc. (Nasdaq: WULF), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, has scheduled its fourth quarter and year-end 2024 earnings conference call for February 28, 2025, at 8:00 a.m. ET.

The company will release its detailed financial results press release prior to the call on the same day. The earnings call will be accessible via webcast and telephone dial-in options. A replay of the call will be available until March 14, 2025.

TeraWulf (WULF), a leading owner and operator of vertically integrated, next-generation digital infrastructure powered by predominantly zero-carbon energy, has announced its participation in multiple upcoming investor and industry conferences throughout Q1 2025.

The conference schedule includes:

• Needham Growth Conference (Virtual) - January 16
• CfC St. Moritz in Switzerland - January 15-17
• PTC 25 in Honolulu - January 19-22
• Cantor Tech Ski Summit in Telluride - January 22-25
• Susquehanna Technology Conference in New York - February 27-28
• Bitcoin Ski Summit in Jackson Hole - March 5-9
• Cantor NY Tech Conference in New York - March 11-12
• Roth 2025 in Dana Point - March 16-18

TeraWulf (WULF) has announced significant developments in December 2024, securing high-performance computing data center leases with Core42 for over 70 MW, representing potential revenue exceeding $1 billion over a 10-year term. The company mined 158 bitcoin in December at an average power cost of $62,805 per bitcoin ($0.078/kWh).

The company achieved 9.7 EH/s of installed self-mining capacity, marking a 94% year-over-year increase. Construction of miner building 5 (MB-5, 50 MW) is progressing on schedule for completion in mid-Q1 2025. TeraWulf's operational bitcoin mining capacity stands at 195 MW, with December's average hash rate at 8.4 EH/s. Core42 maintains an option for an additional 135 MW capacity for early 2026.

TeraWulf (NASDAQ: WULF) has signed long-term data center lease agreements with Core42, a G42 subsidiary, to deliver over 70 megawatts of turn-key data center infrastructure at the Lake Mariner facility in Upstate New York. The infrastructure will be deployed between Q1 and Q3 2025, featuring Dell Integrated Rack Scalable Solutions with direct liquid cooled GPU servers.

The agreement includes two five-year renewal options and provisions for expanding hosting capacity by an additional 135 MW gross (108 MW critical IT load). This strategic move marks TeraWulf's expansion into AI-driven computing while maintaining its Bitcoin mining operations, leveraging predominantly zero-carbon energy sources.

TeraWulf (NASDAQ: WULF) released its November 2024 operations update, highlighting the completion of critical electrical upgrades at Lake Mariner facility. The company self-mined 115 bitcoin with an average daily production rate of 3.8 bitcoin, maintaining 8.4 EH/s of operational self-mining capacity, representing a 68% year-over-year increase.

Key achievements include installing approximately 7,400 S21 Pro miners, achieving an average power cost of $41,190 per bitcoin mined ($0.051/kWh), and completing planned outages for high-voltage redundant power feeds. The company remains on schedule to deliver 72.5 MW of HPC hosting capacity by Q2 2025, with construction of MB-5 proceeding as planned.

TeraWulf has promoted Sean Farrell to Chief Operating Officer, effective immediately. Farrell, who previously served as Senior Vice President of Operations, will continue reporting to CTO Nazar Khan. With over 13 years of experience in the energy sector, Farrell's promotion aims to enhance the company's high-performance computing and AI data center capabilities. Prior to TeraWulf, he was North American Head of Onshore Sales and Marketing at Siemens Gamesa Renewable Energy Inc. The appointment reflects TeraWulf's focus on operational excellence and organic growth in digital infrastructure operations.