TeraWulf
WULF · NASDAQ · Technology
$16.35
$0.92 (-5.65%) today
Market Cap
$2.80B
24h Volume
$501.6M
P/E Ratio
0.0
52w High
$28.98
52w Low
$10.83
Est. AI Revenue
65%
7-Day Sparkline (Static)
Company facts
Performance
About TeraWulf
TeraWulf operates data centers powered by zero-carbon energy. The company began in bitcoin mining and now converts its low-cost nuclear and hydroelectric-powered sites into GPU hosting and AI data center capacity sold to compute customers.
Its offerings are AI data center hosting, zero-carbon AI compute, GPU cloud infrastructure, and nuclear-powered capacity. The pitch combines cheap clean power with the facilities AI workloads need.
Founded in 2021 and headquartered in Easton, Maryland, TeraWulf trades on the NASDAQ, employs roughly 60 people, and is led by CEO Paul Prager.
TeraWulf in the AI buildout
TeraWulf sits in the Neoclouds layer of the AI buildout. Its edge is energy: sites with low-cost, zero-carbon nuclear and hydroelectric power that can be filled with GPUs and sold as AI hosting capacity. The investment thesis has shifted almost entirely from bitcoin mining to AI hosting contracts, making buildout demand the core driver of the business. That direct dependence earns it a Supercycle AI Exposure Score of 85 out of 100.
WULF is tracked in Neoclouds, rated Core on the AI Exposure leaderboard.
By the numbers
52-week range
WULF trades at $16.35, 30% of the way up its 52-week range of $10.83 to $28.98.
Market cap
Market capitalization is $2.80B, with an AI Exposure Score of 85 out of 100.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does TeraWulf do?
TeraWulf converts its zero-carbon powered data center sites into GPU hosting and AI compute capacity sold to customers. The company started in bitcoin mining and now centers on AI hosting.
How is TeraWulf exposed to AI?
Almost entirely. Supercycle scores it 85 out of 100. Its thesis has shifted from bitcoin mining to AI hosting contracts, making AI compute demand the core driver of the business.
Is WULF a pure play AI stock?
Largely yes by exposure. Supercycle's 85 out of 100 score reflects a business now built around AI hosting contracts, though its bitcoin mining roots and energy assets still shape the company.
What are TeraWulf's main products?
AI data center hosting, zero-carbon AI compute, GPU cloud infrastructure, and nuclear-powered capacity. All combine its low-cost clean energy sites with facilities for AI workloads.
Where is TeraWulf headquartered and who leads it?
TeraWulf is headquartered in Easton, Maryland, and led by CEO Paul Prager. The company was founded in 2021, trades on the NASDAQ, and employs roughly 60 people.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
Related reading
- Hyperscaler capex roundup: September 2026 · Seven AI builders spent $657B on capex over the last four quarters. The table, the 2026 guidance, what changed since the Q2 earnings round, and the power deals behind it.
- Neocloud stocks to watch: CRWV, NBIS, IREN, APLD · The four most-searched neocloud stocks read through the buildout tracker and the June 13F filings: who each one depends on, and what would change the picture.
- What are AI infrastructure stocks? The 12 layers, explained · AI infrastructure stocks are the companies paid to build AI compute: chips, memory, networking, data centers, cooling and power. The 12 layers and the catch.