The latest update is out from TeraWulf Inc ( (WULF) ).
On February 28, 2025, TeraWulf Inc. announced its financial results for the fourth quarter and full year 2024, highlighting a strategic expansion into AI-driven HPC hosting. The company reported a 102% increase in annual revenue and an 89% rise in non-GAAP adjusted EBITDA year-over-year, alongside a significant expansion in self-mining capacity. TeraWulf strengthened its balance sheet by eliminating legacy term loan debt and financing growth with new convertible notes. The company also authorized a $200 million share repurchase program, executing over $150 million in repurchases. TeraWulf’s expansion into HPC hosting is marked by long-term data center leases expected to generate $1 billion in revenue over ten years, positioning the company to scale its services and meet growing demand for AI-driven compute infrastructure.
More about TeraWulf Inc
TeraWulf Inc. develops, owns, and operates environmentally sustainable, next-generation data center infrastructure in the United States, focusing on bitcoin mining and hosting high-performance computing (HPC) workloads. The company leverages predominantly zero-carbon energy sources, including hydroelectric and nuclear power, and is committed to environmental, social, and governance (ESG) principles.
YTD Price Performance: -33.88%
Average Trading Volume: 37,581,938
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.39B
For a thorough assessment of WULF stock, go to TipRanks’ Stock Analysis page.
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