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TeraWulf Inc. - $WULF STOCK NEWS

Welcome to our dedicated page for TeraWulf news (Ticker: $WULF), a resource for investors and traders seeking the latest updates and insights on TeraWulf stock.

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Rhea-AI Summary

TeraWulf Inc. (Nasdaq: WULF) announced its April 2024 production and operations update, revealing the mining of 348 bitcoins with 8.0 EH/s of self-mining capacity. The company achieved a 98% utilization rate and is nearing completion of Building 4 at Lake Mariner, set to reach 10.0 EH/s by mid-2024.

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Rhea-AI Summary

TeraWulf Inc. (Nasdaq: WULF) schedules a conference call for the first quarter 2024 financial results on May 13, 2024, at 5:00 p.m. ET. The U.S.-based bitcoin mining company, powered by over 91% zero-carbon energy, will issue a press release on the same day.

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TeraWulf Inc. (Nasdaq: WULF) will participate in various upcoming industry events with senior management for networking and business development opportunities. The events include AIM Summit London 2024, DC Blockchain Summit 2024, B. Riley Securities 24th Annual Institutional Investor Conference, Consensus 2024, Northland Growth Conference 2024, and Bitcoin 2024. TeraWulf focuses on Bitcoin mining using zero-carbon energy sources.

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TeraWulf Inc. announces further debt reduction by repaying $30.1 million of its Term Loan, bringing the debt balance down to $75.9 million. The company aims to leverage its efficient Bitcoin mining operations to accelerate debt repayment and plans to allocate profits towards organic growth, dividends, or share buybacks.
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TeraWulf Inc. releases its inaugural Corporate Social Responsibility report for fiscal year 2023, highlighting industry-leading ESG and sustainability efforts in sustainable bitcoin mining practices.
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TeraWulf Inc. provided an update on their bitcoin mining operations, reporting self-mined 379 bitcoins in March with an average production rate of 12.2 bitcoins per day. The power cost per bitcoin self-mined was $13,798, and the installed hash rate increased to 8 EH/s. The company is nearing completion of Building 4 at Lake Mariner, aiming to reach 10 EH/s by mid-2024.
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TeraWulf Inc. (WULF) reports exceptional financial results for 2023 with a 360% revenue increase, 550% BTC self-mined growth, and 9% cost reduction. The company's self-mining operating capacity reached 8 EH/s, with $49 million in cash and bitcoin holdings. TeraWulf's strategic plan aims to reach 300 MW operational capacity by 2024 and 550 MW by 2025.
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TeraWulf Inc. (WULF) will host an earnings call on March 19, 2024, to discuss its operations and financial results for Q4 and full year 2023. The company, known for its zero-carbon energy Bitcoin mining facilities, will provide insights into its performance and future plans.
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TeraWulf Inc. (WULF) reports strong financial performance for fiscal year 2023, emphasizing organic growth and debt reduction in 2024. The company aims for industry-leading Bitcoin mining unit economics in 2024, targeting 300 MW of infrastructure capacity by year-end 2024 and 550 MW in 2025.
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TeraWulf Inc. exercises an option to expand its energy resources by 50 MW at the Nautilus facility, increasing its bitcoin mining capacity to 100 MW. The company's Lake Mariner facility in NY offers over 300 MW of available capacity with 93% zero-carbon power. The Nautilus facility sources carbon-free power from the Susquehanna nuclear generation station, and TeraWulf plans to double its mining capacity by 2025. The company benefits from a fixed-rate zero-carbon power supply, positioning it well for success post-halving.
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TeraWulf Inc.

Nasdaq:WULF

WULF Rankings

WULF Stock Data

704.21M
182.00M
34.5%
21.54%
13.13%
Paint and Coating Manufacturing
Manufacturing
Link
United States of America
EASTON

About WULF

as the world’s first (esg)-dedicated crypto mining company, terawulf is driven by one goal— perfecting green energy crypto mining. with a vision of sustainability in mind, terawulf uses more than 90 percent zero-carbon energy to domestically produce bitcoin at its mining facilities across the u.s. terawulf’s revolutionary paradigm for energy-efficient crypto mining is led by a team of accomplished energy industry entrepreneurs with more than 15 years of experience. together, our industry leading development, engineering, and energy markets expertise will pave the path from zero-carbon electrons to cryptocurrency.