TeraWulf FY 2025 revenue rises

Overview

• Digital infrastructure firm's fiscal year 2025 revenue reached $168.5 mln

• Company secured full funding for contracted capacity, advancing construction timelines

Outlook

• TeraWulf plans to expand infrastructure portfolio to approximately 2.9 GW across five sites

• Company targets annual delivery of 250-500 critical IT MW through end of decade

• TeraWulf expects Lake Mariner CB2B operational by March 2026

Result Drivers

• LONG-TERM LEASES - TeraWulf executed long-term data center lease agreements totaling 522 critical IT MW, providing multi-year revenue visibility and stable cash flow

• CAPITAL FORMATION - TeraWulf completed over $6.5 bln in long-term financings to support its expanding platform

Company press release: ID:nGNX29nt2y

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the blockchain & cryptocurrency peer group is "buy"

• Wall Street's median 12-month price target for Terawulf Inc is $23.13, about 29% above its February 25 closing price of $17.92

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