TeraWulf (WULF)
Bitcoin miner turned builder of AI and high-performance computing data centers, including the Lake Mariner campus in New York.
- Ticker: WULF
- Sector: dc operator
- Website: https://www.terawulf.com
TeraWulf (WULF) is a tracked supply-chain name in the data-center buildout in the dc operator sector. Data Center Index tracks TeraWulf's capex history, project wins, and supplier exposure across the AI infrastructure buildout, refreshed daily from SEC filings and project announcements.
TeraWulf revenue and capex
In fiscal 2025, TeraWulf reported revenue of $151.6M, capital spending of $1.1B and an operating loss of $186.2M.
| Fiscal year | Revenue | Capex | Operating income |
|---|---|---|---|
| 2025 | $151.6M | $1.1B | -$186.2M |
| 2024 | $140.1M | $267.9M | -$76.2M |
| 2023 | $69.2M | $75.2M | -$29.4M |
Tracked TeraWulf data center projects
- TeraWulf Chesapeake Data Campus (Morgantown Generating Station), 1 GW, Charles County, MD · announced
- TeraWulf Muskie Data Campus, 1 GW, Greenup County, KY · announced
- TeraWulf Lake Mariner Campus, 750 MW est., Somerset, NY · operational
- TeraWulf Justified Data Campus, 401 MW, Hawesville, KY · announced
- TeraWulf Cayuga Data Campus (Lake Hawkeye), 400 MW, Lansing, NY · paused
Capacity totals and status for every TeraWulf campus are on the TeraWulf operator page.
Analysis mentioning TeraWulf
Recent TeraWulf news
- Sponsored: From power to AI readiness: The architecture decisions behind TeraWulf’s AI and high-performance computing campus, DCD, 2026-10-21
- TeraWulf's Kentucky campus to reach 1GW in 2029, DCD, 2026-10-06
- TeraWulf secures 482MW electrical service agreement for planned data center campus in Kentucky, DCD, 2026-08-25