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WULF Terawulf Inc.

Financials, filed as TERAWULF INC (COM), Equity As of 2026 Q2 among managers we track Quote on Google Finance, opens in a new tab

Bought by 3 managers in 2026 Q2

  • 4 Owners
  • Max 3.7%
  • $917M
  • 3 add

In 2026 Q2 Stephen Mandel, Ben Hoskin, and Polen Capital Management added to Terawulf.

Who owns this now

Largest portfolio weights among holders, up to 3.7% (Stephen Mandel, Lone Pine Capital). Not free-float ownership.

  1. Stephen Mandel Add 3.7%
  2. Ben Hoskin Add 0.76%
  3. Senator Investment Group 0.13%
  4. Polen Capital Management Add 0.12%

Who owns WULF

Sorted by value, long equity only, as of 2026 Q2.

History
Stephen Mandel, Lone Pine Capital 3.7%, was 2.3% Add +21.2% 24,144,625 $596M History
Ben Hoskin, Value Aligned Research Advisors 0.76%, was 0.55% Add +56.3% 12,263,135 $303M History
Polen Capital Management 0.12%, was <0.01% Add +429.4% 563,139 $14M History
Senator Investment Group 0.13% Hold 139,071 $3.4M History

Weight bar: held both quarters added sold at this quarter’s reported price

Insider trades

Open-market buys and sales by WULF's executives, directors and 10% owners in the last 12 months, from their Form 4s

All WULF insider trades
  • $440K bought by 1 insider
  • $17.2M sold by 4 insiders outside a trading plan
  • $18.9M sold by 1 insider under 10b5-1 plans
  1. Michael C. Bucella Director
    Buy
    $90K 6,085 shares at $14.79 +1.8% to stake
    Traded Sep 15 Filed Sep 16
  2. Catherine J. Motz Director
    Sale
    $998K 56,023 shares at $17.81 27% of stake
    Traded Sep 8 Filed Sep 9
  3. Walter E. Carter Director
    Sale
    $2M 130,626 shares at $15.14 36% of stake
    Traded Aug 31 Filed Sep 1
  4. Paul B. Prager CEO
    Planned sale
    $2.3M 137,500 shares at $17.06 3.5% of stake
    Traded Aug 27 Filed Aug 28
  5. Michael C. Bucella Director
    Buy
    $100K 5,883 shares at $16.99 +1.7% to stake
    Traded Aug 14–17 Filed Aug 17
  6. Paul B. Prager CEO
    Planned sale
    $3.7M 137,500 shares at $26.60 3.4% of stake
    Traded Jun 29 Filed Jul 1
  7. Paul B. Prager CEO
    Planned sale
    $8.4M 333,300 shares at $25.17 7.5% of stake
    Traded May 26–27 Filed May 28
  8. Paul B. Prager CEO
    Sale
    $4.5M 216,700 shares at $20.73 20% of stake
    Traded Apr 27–28 Filed Apr 28
  9. Paul B. Prager CEO
    Planned sale
    $4.5M 275,000 shares at $16.53 56% of stake
    Traded Mar 24–25 Filed Mar 25
  10. Michael C. Bucella Director
    Buy
    $25K 1,665 shares at $15.04 +0.6% to stake
    Traded Mar 20 Filed Mar 20
  11. Michael C. Bucella Director
    Buy
    $75K 4,835 shares at $15.57 +1.8% to stake
    Traded Mar 17–19 Filed Mar 19
  12. Patrick Fleury CFO
    Sale
    $9.7M 600,000 shares at $16.14
    Traded Mar 17 Filed Mar 19
  13. Michael C. Bucella Director
    Buy
    $20K 1,338 shares at $14.91 +0.5% to stake
    Traded Mar 11 Filed Mar 13
  14. Michael C. Bucella Director
    Buy
    $30K 2,085 shares at $14.42 +0.8% to stake
    Traded Mar 5–9 Filed Mar 9
  15. Michael C. Bucella Director
    Buy
    $50K 3,171 shares at $15.78 +1.2% to stake
    Traded Mar 4 Filed Mar 4

Also filed in the last 12 months, not counted as buying or selling: 33 option exercises, 18 sales back to the company, 11 stock grants, 4 other transactions, 1 gift, and 1 sale to cover taxes.

SEC filings

Recent issuer filings from EDGAR, 15 shown.

Filed Form Detail Links
10-Q
8-K 2.02,7.01,9.01
8-K 1.01,7.01,8.01,9.01
8-K 1.01,2.03
SCHEDULE 13G/A —
8-K 8.01,9.01
SCHEDULE 13G —
SCHEDULE 13G —
SCHEDULE 13G/A —
8-K 2.02,7.01,9.01
10-Q
SCHEDULE 13G/A —
SCHEDULE 13G/A —
SCHEDULE 13G/A —
8-K 8.01,9.01

Financials

US-GAAP annual figures by fiscal year, as tagged in Form 10-K. Each value links to its SEC filing.

Income statement

Metric FY2023 FY2024 FY2025
Gross profit $41.91M — $66.04M
Net income -$73.42M -$72.42M -$661.42M

Balance sheet

Metric FY2023 FY2024 FY2025
Total current assets $0.063B $0.281B $3.48B
Total non-current assets * $0.316B $0.506B $3.08B
Total assets $0.378B $0.788B $6.56B
Total current liabilities $0.155B $0.052B $1.74B
Total non-current liabilities * $0.001B $0.491B $4.68B
Total equity $222.49M $244.44M $140.44M

Cash flow

Metric FY2023 FY2024 FY2025
Cash from operations $4.26M -$24.42M -$123.18M
Cash from investing -$0.078B -$0.091B -$1.37B
Cash from financing $0.12B $0.335B $4.94B
Net change in cash $0.046B $0.22B $3.45B

Ownership over time

13Fs that reported it each quarter. Click a bar for that quarter’s holders.

Further reading

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