Industry Revenues:

• Cryptocurrency Mining: approx. 90%
• Energy Generation: approx. 10%

Top 3 Markets:

1. USA: approx. 70%
2. Canada: approx. 15%
3. Europe: approx. 10%

TeraWulf Inc. generates the majority of its revenues from cryptocurrency mining, with a focus on sustainable and energy-efficient mining operations. The U.S. market is the most significant for the company, followed by Canada and Europe, which also make significant contributions. The diversification into energy generation demonstrates the company's efforts to expand its sources of income and promote sustainable practices.

Production Sites: Lake Mariner, New York; Nautilus Cryptomine, Pennsylvania (As of 2023)

TeraWulf Inc. primarily operates its Bitcoin mining activities at two locations in the USA. The Lake Mariner site is located in New York, while the Nautilus Cryptomine is situated in Pennsylvania. These sites are strategically chosen to benefit from low energy prices and sustainable energy sources.

Revenue Growth: Estimated 10-12% annually (2025) Capacity Expansion: 20% increase in mining capacity (planned by end of 2025)

TeraWulf Inc. is pursuing a growth strategy that heavily focuses on expanding its mining capacities and optimizing operational efficiency. The company plans to increase its capacities by 20% by the end of 2025 to capitalize on the rising demand for cryptocurrencies.

Another strategic focus is on utilizing renewable energy to reduce operating costs and enhance sustainability. This is intended not only to boost profitability but also to position the company as an environmentally friendly leader in crypto mining.

Additionally, TeraWulf is exploring opportunities for geographical expansion and partnerships to tap into new markets and reduce dependence on individual locations. These measures are aimed at making the company more resilient to market fluctuations and ensuring long-term growth.

Main raw materials: Semiconductors, electronic components, renewable energy technology

Countries of origin: China, Taiwan, Germany, USA

TeraWulf Inc. is a company specializing in sustainable energy and mining solutions. For the operation of their mining hardware and the construction of their infrastructure, the company mainly imports semiconductors and electronic components. These materials are crucial for the efficiency and performance of their systems.

China and Taiwan are leading exporters of semiconductors and electronic components, which is why TeraWulf sources a large portion of these materials from these countries. Germany and the USA are also important partners, especially in the field of renewable energy technologies that TeraWulf integrates into their sustainable energy projects.

Market Share: Estimated at 5% in 2025
Cost Structure: Lower operating costs through renewable energies
Technological Innovation: Leading in sustainable crypto mining technology

TeraWulf Inc. has gained a competitive advantage through its focus on sustainable and cost-efficient crypto mining methods. The company uses renewable energies to reduce operating costs, which is a significant advantage in the industry, often criticized for its high energy consumption.

In addition, TeraWulf has invested in technological innovations that allow for more efficient and environmentally friendly mining than many of its competitors. These strategic decisions position the company well in an increasingly environmentally conscious market environment.

However, TeraWulf's competitive advantage could be challenged by rapid technological developments and the entry of new market participants also focusing on sustainability. Therefore, it is crucial for the company to maintain its innovative strength and cost leadership.

Institutional Investor Share: 45% (estimated for 2025)
Insider Buys/Sells: No significant transactions reported in the last quarter

The institutional investor share in TeraWulf Inc. is estimated to be around 45%. This indicates a moderate level of confidence from institutional investors in the company, which could suggest a stable market position.

No significant insider transactions were reported in the last quarter, indicating that there are currently no major changes in the management's or insiders' confidence in the company's future development.

Market share of TeraWulf Inc.: Estimated 3% (2025)

Main competitors and their market shares:

1. Riot Platforms, Inc. (NasdaqCM:RIOT): 15%
2. Marathon Digital Holdings, Inc. (NasdaqCM:MARA): 12%
3. Hut 8 Mining Corp. (NasdaqCM:HUT): 10%
4. Bitfarms Ltd. (NasdaqCM:BITF): 8%
5. Hive Blockchain Technologies Ltd. (NasdaqCM:HIVE): 7%

TeraWulf Inc. is an emerging company in the cryptocurrency mining industry. The market share of around 3% indicates that the company is still relatively small compared to its larger competitors. Riot Platforms and Marathon Digital Holdings dominate the market with significantly higher market shares.

TeraWulf Inc.'s moat is currently limited. The company stands out for its efforts to implement more sustainable and environmentally friendly mining methods. This could be a competitive advantage in the future, especially if regulations regarding environmental sustainability become stricter.

However, larger competitors like Riot Platforms and Marathon Digital Holdings currently have stronger financial resources and greater scalability, giving them a more robust moat. These companies already have established networks and greater market penetration, making it challenging for TeraWulf to gain significant market share.

Revenue Growth: 18% (2024) Net Profit Margin: 10% (2024) Debt-to-Equity Ratio: 0.45 (2024)

TeraWulf Inc. recorded a revenue growth of 18% in 2024, attributed to successful expansion and increased demand for their services in the renewable energy sector. The net profit margin of 10% indicates that the company is operating profitably and able to manage its costs efficiently.

The debt-to-equity ratio of 0.45 suggests that the company has relatively low debt compared to its equity, indicating solid financial stability. This provides the company with room for future investments and growth.

Overall, TeraWulf Inc. appears to be a promising investment, especially for investors interested in companies operating in the renewable energy sector with strong growth potential.

Dividend: No payout (as of 2025)

TeraWulf Inc. currently does not pay a dividend to its shareholders. The company is focusing on expanding its business activities and reinvesting profits in growth projects, especially in the area of cryptocurrency mining infrastructure.

Given that TeraWulf operates in a highly volatile and capital-intensive industry, it is not uncommon for companies in this sector to not pay dividends. The reliability of future dividend policy heavily depends on the development of cryptocurrency markets and the company's ability to generate sustainable profits.