TeraWulf (WULF)

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TeraWulf: A High-Stakes Q1 For A Miner Evolving Into HPC Hosting
Seeking Alpha· 2025-05-07 12:08
TeraWulf’s (NASDAQ: WULF ) Q1 earnings report is scheduled for 8:00 AM EST today (May 7). This article will cover the earnings preview and expectations from the earnings call, as well as the outlook for the fiscal year with anticipated updates from WULF Compute, theMandela has been a cryptocurrency enthusiast and trader since 2017. He loves coding and writing about cryptocurrencies and crypto investment strategies. He has an in-depth understanding of distributed ledger technology, the Web3 technology stack, ...
TeraWulf Inc. (WULF) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
ZACKS· 2025-05-02 15:06
TeraWulf Inc. (WULF) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 9, 2025, might help the stock move higher if these key numbers are better than expec ...
Bitcoin Is Booming, But Miners Like Riot, Iren, Hut 8, TeraWulf Are Flatlining
Benzinga· 2025-05-01 16:19
Bitcoin BTC/USD had a blowout April, rising 15% and closing near $94,300. But for a third straight month, miners with high-performance computing (HPC) ambitions — Iren Ltd IREN, Riot Platforms Inc RIOT, TeraWulf Inc WULF and Hut 8 Corp HUT — seriously lagged.While Bitcoin has gained 14.42% over the past month, Iren stock is down 5.05%. Riot stock has gained a meagre 0.46%, TeraWulf up 4.50% while Hut 8 stock has declined 2.18%.Read Also: Bitcoin, Gold Shine In April While Stocks, Oil Suffer— Mohamed El-Eria ...
TeraWulf Schedules Conference Call for First Quarter 2025 Financial Results
GlobeNewswire· 2025-04-28 16:51
Company Overview - TeraWulf Inc. is a leading owner and operator of vertically integrated, next-generation digital infrastructure primarily powered by zero-carbon energy sources [4] - The company focuses on environmentally sustainable data center infrastructure designed for Bitcoin mining and high-performance computing [4] - TeraWulf operates the Lake Mariner facility located on a retired coal plant site in Western New York, generating revenue mainly through Bitcoin mining [4] Upcoming Earnings Call - TeraWulf will hold its earnings conference call for the first quarter ended March 31, 2025, on May 9, 2025, at 8:00 a.m. Eastern Time [1][3] - A press release detailing the financial results will be issued prior to the call on the same day [2] Participation Details - Participants can join the call by logging on or dialing in approximately 5 minutes before the start time [3] - Access ID for the call is 13753593, with dial-in numbers provided for participants [3] Replay Information - A replay of the call will be available until May 23, 2025, at 11:59 PM ET [4] - The replay can be accessed via specific dial-in numbers provided [4]
TeraWulf Price Forecast Cut As Analyst Cites Tough Bitcoin Economics, Doubts Over AI Growth Plans
Benzinga· 2025-04-09 19:08
Rosenblatt Securities analyst Chris Brendler maintained TeraWulf WULF with a Buy and lowered the price target from $10 to $4 on Wednesday. TeraWulf fits perfectly into Brendler's Bitcoin mining investment thesis with low power costs, an efficient fleet and a strong balance sheet. Even better, it is one of only three miners to actually sign an HPC deal. Yet the stock has underperformed peers in the recent sell-off due to concerns about its ability to execute and sector-wide worries about the size of the AI o ...
Will TeraWulf's HPC Bet Keep The Juice Flowing?
Seeking Alpha· 2025-03-04 15:07
Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...
TeraWulf Announces Participation in Upcoming Conferences and Events
GlobeNewswire· 2025-03-04 14:06
Company Overview - TeraWulf Inc. operates vertically integrated, next-generation digital infrastructure primarily powered by zero-carbon energy, focusing on bitcoin mining and hosting HPC workloads [1] - The company owns and operates the Lake Mariner facility located on a retired coal plant site in Western New York, generating revenue mainly through bitcoin mining using predominantly zero-carbon energy sources like hydroelectric and nuclear power [1] - TeraWulf is committed to environmental, social, and governance (ESG) principles, aiming to deliver industry-leading economics in mining and data center operations at an industrial scale [1] Upcoming Events - TeraWulf's senior management will participate in several upcoming conferences, including: - Bitcoin Ski Summit from March 5-7, 2025, in Jackson Hole, WY - Cantor Global Technology Conference on March 11-12, 2025, in New York, NY - 37th Annual Roth Conference from March 16-18, 2025, in Dana Point, CA - DCD>Connect on March 24-25, 2025, in New York, NY - NVIDIA GTC 2025 from March 17-20, 2025, in San Jose, CA - DC Blockchain Summit 2025 on March 26, 2025, in Washington, DC - Jones Healthcare and Technology Innovation Conference on April 8-9, 2025, in Las Vegas, NV - Data Center World from April 14-17, 2025, in Washington, DC - Jefferies Power x Coin Conference on April 16, 2025, virtually [3]
Upgrading TeraWulf To Strong Buy After Earnings
Seeking Alpha· 2025-03-02 13:30
Group 1 - TeraWulf (NASDAQ: WULF) reported its fourth quarter and full-year earnings, leading to a significant increase in stock price and trading volume [2] - Despite the recent surge, TeraWulf's stock had been in a prolonged downtrend prior to the earnings report, indicating potential volatility [2] - The focus of the analysis is on identifying growth stocks and maximizing capital efficiency, moving away from rigid buy-and-hold strategies [3] Group 2 - The investment strategy emphasizes limiting risk while maximizing potential rewards through real-time alerts and sector analysis [2][3] - The analyst has a decade of experience in financial markets, utilizing both technical and fundamental analysis to spot early growth opportunities [3]
TeraWulf (WULF) - 2024 Q4 - Earnings Call Presentation
2025-02-28 23:20
TERAWULF Moving Infrastructure Forward Fourth Quarter and Fiscal 2024 Update February 2025 SAFE HARBOR STATEMENT This presentation is for informational purposes only and contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts. All statements, other than statements of historica ...
TeraWulf (WULF) - 2024 Q4 - Earnings Call Transcript
2025-02-28 22:53
Financial Data and Key Metrics Changes - In Q4 2024, GAAP revenues increased by 29% quarter-over-quarter, reaching $35 million from $27.1 million in Q3 2024, and year-over-year increased by 102% from $69.2 million in 2023 to $140.1 million in 2024 [28] - The GAAP net loss in Q4 2024 was $29.2 million compared to a net loss of $22.7 million in Q3 2024, while the net loss for 2024 was $72.4 million compared to a net loss of $73.4 million in 2023 [39] - Non-GAAP adjusted EBITDA for Q4 2024 was $2.5 million, down from $6.3 million in Q3 2024, while adjusted EBITDA for 2024 was $60.4 million compared to $31.9 million in 2023 [39] Business Line Data and Key Metrics Changes - The WULF Mining business doubled revenue and adjusted EBITDA year-over-year, driven by higher Bitcoin production and favorable Bitcoin pricing [10] - In Q4 2024, the company mined 423 Bitcoin, a 24% decrease from 555 Bitcoin in Q3 2024, while the total for 2024 was 2,728 Bitcoin compared to 3,343 Bitcoin in 2023 [27] - The hash rate achieved by WULF Mining was 9.7 exahash per second at year-end, with plans to increase to 13.1 exahash per second with the deployment of new miners [10] Market Data and Key Metrics Changes - The company reported a 55% increase in realized power prices from $0.038 per kilowatt hour in Q3 2024 to $0.059 per kilowatt hour in Q4 2024 [29] - The power cost per Bitcoin mined was $46,328 in Q4 2024, compared to $30,448 in Q3 2024, and $25,227 in 2023 [30] Company Strategy and Development Direction - The company aims to contract and deploy 100 to 150 megawatts of HPC hosting capacity annually over the next three years, with the initial contract with Core42 expected to generate over $1 billion in revenue over ten years [16] - TeraWulf is focused on scaling its HPC hosting business while continuing to optimize its Bitcoin mining operations, indicating a strategic shift towards high-performance computing and AI workloads [8][15] - The company is prioritizing the Cayuga site for expansion, which is expected to add 150 megawatts of capacity in 2026, scalable to 400 megawatts by 2028 [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the demand for HPC and AI compute infrastructure, despite some headlines suggesting a slowdown in hyperscaler demand [15] - The company remains optimistic about the future, with plans to energize Miner Building 5 and execute on the Core42 agreement in 2025 [22] - Management highlighted the importance of energy infrastructure and the ability to evaluate additional site opportunities, which positions the company favorably in the competitive landscape [20][124] Other Important Information - The company repurchased $150 million of stock as part of a $200 million authorization, marking the first return of capital by any public Bitcoin miner [21] - The company has initiated a process to integrate the Cayuga site, ensuring compliance with governance standards and transparency [19] Q&A Session Summary Question: How is Mariner positioned for inference given the current demand? - Management indicated that both training and inference capabilities are supported at the Lake Mariner site, with existing contracts ensuring stability [48] Question: What geographies are attractive for additional site acquisitions? - The priority is the Cayuga site, with a focus on energy development and the ability to evaluate challenged sites for potential [50][51] Question: What is the status of the 250 megawatts at Lake Mariner? - The company is in discussions with potential customers for the available capacity, emphasizing long-term demand [61] Question: What is the timeline for the initial 72 megawatts at CB-1? - The timeline is dependent on Core42's decisions regarding their options for additional power [66] Question: What is the competitive landscape for sourcing new sites? - The company believes it has a competitive advantage due to its energy expertise and ability to evaluate sites that others may overlook [120][123] Question: What is the status of project financing efforts? - Management expressed confidence in the demand for financing, with positive feedback from potential lenders [126][130]