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.
TeraWulf Inc. develops, owns, and operates industrial-scale digital infrastructure in the United States for high-performance computing hosting and bitcoin mining. Company news commonly covers HPC lease revenue, digital asset mining activity, power-backed data center construction, and the transition of capacity at WULF Compute and the Lake Mariner site toward contracted compute customers.
Recurring developments also include capital actions used to fund data center construction and site expansion, such as common stock offerings and credit facilities, along with updates on acquired infrastructure sites such as Hawesville, Kentucky. Financial releases address operating results, liquidity, construction progress, and the balance between HPC hosting and bitcoin mining within TeraWulf's business model.
TeraWulf (NASDAQ: WULF) priced an upsized public offering of 47,400,000 shares at $19.00 per share for gross proceeds of approximately $900 million, up from $800 million. The offering is expected to close on April 16, 2026.
The company granted a 30-day underwriter option for an additional 7,110,000 shares. Net proceeds will fund construction of the Hawesville, Kentucky data center campus, repay the bridge credit facility in full, fund future site acquisitions and general corporate purposes. Morgan Stanley is lead bookrunning manager; Cantor Fitzgerald is equity capital markets advisor.
TeraWulf (NASDAQ: WULF) announced an offering to sell $800 million of common stock, with underwriters granted a 30-day option to purchase up to an additional $120 million of shares at the public offering price less underwriting discounts and commissions.
According to the company, net proceeds will fund construction of a Hawesville, Kentucky data center, repay the bridge credit facility in full, support future site acquisitions, and cover general corporate purposes. Morgan Stanley is lead bookrunning manager; Cantor Fitzgerald is equity capital markets advisor. The Offering will be made via a prospectus supplement to an effective Form S-3ASR.
TeraWulf (Nasdaq: WULF) reported preliminary Q1 2026 results with expected revenue of $30–$35 million and adjusted EBITDA of $0–$3 million. As of March 31, 2026, cash and equivalents totaled $3.1 billion and total debt was $5.8 billion.
The company received allocations for a $250 million revolving credit facility (subject to documentation) expected to mature April 2030, aimed at enhancing liquidity and funding Kentucky data center equity.
TeraWulf (Nasdaq: WULF) will host a lender construction update call for its wholly owned subsidiary, WULF Compute, on Wednesday, March 4, 2026 at 8:00 a.m. ET. The call will feature investor relations and senior executives and will be accessible via webcast and the Investor section of the company website.
TeraWulf (Nasdaq: WULF) reported Q4 and full-year 2025 results, highlighting a strategic pivot to HPC and AI data centers. The company contracted 522 critical IT MW with over $12.8 billion in long-term customer contracts and completed $6.5 billion of financings.
Full-year 2025 revenue was $168.5 million, non-GAAP adjusted EBITDA was $(23.1) million, and cash plus restricted cash was $3,722.8 million as of December 31, 2025.
TeraWulf (Nasdaq: WULF) announced senior management will participate in multiple investor and industry conferences in March 2026.
Planned appearances include Morgan Stanley Energy and Power (Mar 2), Citizens Technology (Mar 3), J.P. Morgan Leveraged Finance (Mar 3), Citadel SMID Cap (Mar 4), Morgan Stanley TMT (Mar 5), Cantor Global Tech & Industrials (Mar 10-11), Nvidia GTC (Mar 16-19), and Jefferies Virtual Power x Coin (Mar 31).
TeraWulf (Nasdaq: WULF) will host its fourth quarter 2025 earnings conference call and webcast on Thursday, February 26, 2026 at 4:30 p.m. ET. A press release with financial results will be issued prior to the call on the same day.
Participants should join five minutes early via webcast or dial-in; replay will be available through March 12, 2026.
TeraWulf (Nasdaq: WULF) acquired two brownfield sites in Hawesville, Kentucky and Morgantown, Maryland, adding approximately 1.5 GW of capacity and expanding its infrastructure portfolio to about 2.8 GW across five sites.
Key assets include ~480 MW existing power at Hawesville and ~210 MW operational generation at Morgantown with expansion potential to 1 GW. The company reports 642.5 MW contracted capacity, a 2.2 GW owned pipeline, and a target of 250–500 MW of new contracted capacity annually.
TeraWulf (Nasdaq: WULF) and Fluidstack announced successful pricing of project-level financing for a 168 MW high-performance computing joint venture at the Abernathy, Texas campus. The facility will deliver up to 240 MW gross power capacity (168 MW critical IT load) under a long-term hosting structure with investment-grade credit support from a hyperscale partner via Fluidstack’s platform. Proceeds will fund construction, reserves, and delivery, with commissioning expected in H2 2026. The joint venture can expand beyond the initial phase; TeraWulf reports >500 MW secured and aims to deploy 250–500 MW of HPC capacity annually.
TeraWulf (Nasdaq: WULF) announced it has exercised its right to cause the mandatory conversion of all outstanding Series A Convertible Preferred Stock into common stock under its Certificate of Designations.
Each preferred share will convert into 141.9483 shares of common stock on December 9, 2025, with settlement scheduled for December 11, 2025. The conversion was triggered after TeraWulf's common stock exceeded 130% of the conversion price ($10.00) on at least five trading days from November 4–24, 2025. Fractional shares will be paid in cash based on the last reported sale price on the conversion date. Regular dividends on the preferred stock will cease as of the Mandatory Conversion Date.