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TeraWulf Inc. (WULF) is a financial services company in the digital currency extraction industry, based in Easton, United States, with about 141 full-time employees.
It reported revenue of $168.46 million for fiscal year 2025, up 20.3% from fiscal year 2024, and net income of -$661.42 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $44.77 million, down 6.0% from a year before. Its largest business segment, Digital Asset, brought in 90% of segment revenue in fiscal year 2025. Its market capitalization was $6.87 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
, together with its subsidiaries, owns, develops, operates digital infrastructure in the United States. It also develops and operates bitcoin mining facilities for bitcoin mining and high-performance computing workloads, leveraging clean, cost-effective, and reliable energy. The company was founded in 2021 and is headquartered in Easton, Maryland.
TeraWulf reported $168.46 million in revenue for fiscal year 2025, up 20.3% from $140.05 million in fiscal year 2024. In Q2 2026 revenue was $44.77 million.
Digital Asset, with $151.56 million or 90% of segment revenue in fiscal year 2025. Next: Hpc Leasing (10%).
$6.87 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (digital currency extraction) include Bitmine Immersion Technologies, Inc. (BMNR), Iren Limited (IREN), Riot Platforms, Inc. (RIOT), Cipher Mining Inc. (CIFR).