TeraWulf

Easton, United States Founded: 2021 • Age: 5 yrs Acquired By Talen Energy
Sustainable cryptocurrency mining is facilitated via an online platform.
Annual revenue $140.1M Latest available
Total funding - 2 rounds
Employees 12 Tracked headcount
Investors 11 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About TeraWulf

TeraWulf is a company based in Easton (United States) founded in 2021 was acquired by Talen Energy in October 2024. The company has 12 employees as of December 31, 2024. TeraWulf offers products and services including WULF Compute and WULF Mining. TeraWulf operates in a competitive market with competitors including Argo Blockchain, Arkon Energy, Stronghold Digital Mining, Mawson Infrastructure Group and Gridless, among others.

  • Headquarter Easton, United States
  • Employees 12 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Terawulf Inc.
Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $140.05 M (USD)
    102.3
    as on Dec 31, 2024
  • Net Profit
    -$72.42 M (USD)
    1.37
    as on Dec 31, 2024
  • EBITDA
    $589 K (USD)
    -41.57
    as on Dec 31, 2024
  • Latest Funding Round
    $9.5 M (USD), Post-IPO

    Oct 10, 2022

  • Investors
    Talen Energy

    & 10 more

  • Employee Count
    12

    as on Dec 31, 2024

  • Acquired by
    Talen Energy

    (Oct 10, 2024)

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IPO & Listings of TeraWulf

TeraWulf is a publicly listed company on the NASDAQ with ticker symbol WULF in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: WULF · Sector: Technology services · USA

Products & Services of TeraWulf

TeraWulf offers a comprehensive portfolio of products and services, including WULF Compute and WULF Mining.

Product name locked
Category locked
Primary

Provides high-performance computing services for hosting needs.

Product name locked
Category locked
Locked

Offers proprietary operations for digital asset mining.

People of TeraWulf

Headcount 50-200
Employee Profiles 10
Board Members and Advisors 6
Employee Profiles
People
Patrick Fleury
CFO
People
Sean Farrell
SVP, Operations
People
Nazar Khan
Co-Founder, COO & CTO
People
Paul Prager
Co-Founder, Chairman & CEO

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Board Members and Advisors
people
Ted Carter
Director
people
Steven Pincus
Director
people
Michael Bucella
Director
people
Cassie Motz
Director

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Funding Insights of TeraWulf

Investors in TeraWulf

TeraWulf has secured backing from 11 investors, including angel investors. Prominent investors backing the company include Talen Energy, Gwyneth Paltrow and Mindy Kaling.

All
Angel
Investor Description Founded Year Domain Location

Gwyneth Paltrow

Actress, entrepreneur, founder of Goop, occasional angel investor in wellness startups.
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Mindy Kaling

-
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Lilly Singh

-
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Investor details for TeraWulf

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by TeraWulf

Investments
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Investment portfolio details for TeraWulf

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Financial Statements - TeraWulf

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Detailed financials for TeraWulf

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  • Profit trends
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Terawulf Comparisons

TeraWulf Primary company
Description
Sustainable cryptocurrency mining is facilitated via an onli...
Location
Easton, United States
Founded Year
2021
Annual Revenue
$140.05 M (USD)
Net Profit
-$72.42 M (USD)
EBITDA
$589 K (USD)
Employees
12
As of 2024
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Peer comparison for TeraWulf

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Competitors of TeraWulf

TeraWulf operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Argo Blockchain, Arkon Energy, Stronghold Digital Mining, Mawson Infrastructure Group and Gridless, among others.

Company Name Domain Founded year HQ Location Description
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Sustainable Bitcoin mining and blockchain development solutions are provided.
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Sustainable Bitcoin mining is powered by excess renewable energy.
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Crypto mining is powered by energy from coal refuse conversion.
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Digital asset mining infrastructure and hosting services are offered.
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Sustainable Bitcoin mining solutions are provided by the Gridless platform.
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Detailed competitors of TeraWulf

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Latest news on Terawulf

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Complete news archive for TeraWulf

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Frequently Asked Questions about TeraWulf

TeraWulf was founded in 2021.

TeraWulf is headquartered in Easton, United States.

As of Dec 31, 2024, the latest employee count at TeraWulf is 12.

Annual revenue of TeraWulf is $140.05M as on Dec 31, 2024.

TeraWulf was founded in 2021 and is headquartered in Easton, United States. Operations are centered in the cryptocurrency mining sector, with a focus on sustainable practices. An online platform is provided for green-energy crypto mining solutions, encompassing nuclear-powered, hydro-powered, and solar-powered facilities. Support for renewable energy generation is also included, enabling environmentally conscious mining activities across various renewable sources.

TeraWulf's top competitors include Argo Blockchain, Mawson Infrastructure Group and Arkon Energy.

TeraWulf offers WULF Compute and WULF Mining.

Yes, TeraWulf is publicly traded on NASDAQ under the ticker symbol WULF.

TeraWulf has 11 investors. Key investors include Talen Energy, Gwyneth Paltrow, Mindy Kaling, Lilly Singh, and Kimberly A. Blackwell.

The ticker symbol of TeraWulf is WULF on NASDAQ.

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