TeraWulf Inc (WULF)

Finance and AI Executive Patrick Fleury to Join Corvex Board of Directors as Company Scales AI Cloud Infrastructure Platform and Prepares to Launch Token FactoryJune 26, 2026 9:00 AM
PR Newswire (US) TeraWulf CFO brings deep expertise across data center transactions, energy-advantaged digital infrastructure campuses, and large-scale capital formationARLINGTON, Va., June 26, 2026 /PRNewswire/ -- Corvex, Inc. (Nasdaq:MOVE), an engineering-led AI computing platform specializing in GPU-accelerated infrastructure for AI workloads, today announced the appointment of Patrick A. Fleury to its Board of Directors, upon election at the Company's upcoming annual meeting. Fleury currently serves as Chief Financial Officer of TeraWulf Inc. (Nasdaq:WULF), a publicly traded developer, owner and operator of environmentally sustainable, industrial-scale data center infrastructure for AI and high-performance computing.Fleury will join Corvex at a pivotal moment following its recent public listing, as the Company scales its AI infrastructure platform and prepares to launch its token factory business. Corvex's model, combining contracted demand, flexible access to power, proprietary software to optimize workload performance and security, and disciplined capital formation, requires deep expertise across infrastructure development, capital markets, and governance. Fleury brings direct experience across each of these areas, having helped lead a similar transition at TeraWulf.Since joining TeraWulf in 2022, shortly after that company's own reverse-merger debut, Fleury has led over $8 billion dollars of financings to support the company's data center infrastructure build-out and its expansion into AI and high-performance computing hosting. His experience scaling a power-focused, newly public compute platform directly parallels Corvex's current phase of growth, where aligning infrastructure deployment with customer demand and capital availability is critical.Fleury has more than 25 years of experience across capital markets, credit investing, and corporate finance. Prior to TeraWulf, he was a founding member of the credit investing team at Platinum Equity and a Managing Director at Blackstone's GSO Capital Partners (now Blackstone Credit), where he focused on energy and infrastructure credit. He began his career in the Global Energy & Power investment banking group at Bank of America Securities and has held senior roles at Jefferies and Satellite Asset Management. He has also served as a director of CVR Partners LP and as a board observer at Rentech, Inc., bringing public company governance experience through complex strategic transactions."Corvex sits at the intersection of AI compute, power infrastructure, and capital, and Patrick has spent his career structuring and scaling exactly these systems," said Jay Crystal, Chief Executive Officer and Co-Founder of Corvex. "He brings a rare combination of experience across data center transactions—from powered land acquisition through structured leases—as well as deep capital markets expertise at scale. As we expand our AI infrastructure platform and continue to invest in our proprietary software capabilities, his perspective will be invaluable in helping guide disciplined, capital-efficient growth.""The next phase of AI infrastructure will be defined by platforms that can deliver both performance and trust at scale," said Fleury. "Corvex has built a differentiated model that combines flexible access to power, long-term customer alignment, and a software-driven approach to optimizing workload performance and enabling secure compute through confidential computing. Paired with a disciplined approach to capital formation across both corporate and project-level structures, this model positions Corvex to scale efficiently while maintaining control over execution."Fleury holds a B.A., magna cum laude, in Economics and Government and Legal Studies from Bowdoin College. He will serve as an independent director and will join the Audit Committee.About Corvex
Corvex is an AI cloud computing company specializing in GPU-accelerated infrastructure for AI workloads. Corvex's platform integrates proprietary software, including confidential computing and workload optimization tools, to enhance security, performance, and capital efficiency across its infrastructure. By combining advanced compute, flexible power strategies, and disciplined capital formation, Corvex enables organizations to deploy AI workloads at scale with consistency and efficiency.Cautionary Statements Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based upon current expectations or beliefs, as well as assumptions about future events. Forward-looking statements include all statements that are not historical facts and can generally be identified by terms such as "could," "estimate," "expect," "intend," "may," "plan," "potentially," or "will" or similar expressions and the negatives of those terms. These statements include, but are not limited to, statements relating to product capabilities, customer deployment, business strategy, growth plans and objectives for future operations. Actual results could differ materially from those expressed in or implied by the forward-looking statements due to a number of risks and uncertainties, including the risks and uncertainties described in the Company's SEC reports, and under the heading "Risk Factors" in its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available at www.sec.gov and in other filings the Company makes and will make with the SEC. The forward-looking statements contained herein speak only as of the date of this press release. Except as required by law, the Company does not undertake any obligation to update or revise its forward-looking statements to reflect events or circumstances after the date of this press release.Media Contact
Chris Donahoe, Stillpoint
corvex.media@stillpointglobaladvisors.com View original content to download multimedia:https://www.prnewswire.com/news-releases/finance-and-ai-executive-patrick-fleury-to-join-corvex-board-of-directors-as-company-scales-ai-cloud-infrastructure-platform-and-prepares-to-launch-token-factory-302811856.htmlSOURCE Corvex Original: Finance and AI Executive Patrick Fleury to Join Corvex Board of Directors as Company Scales AI Cloud Infrastructure Platform and Prepares to Launch Token Factory

Moneymaker here$$$$$

Double Top Breakout on 26 May 2026. GLTA

TeraWulf shares rise after securing 1GW-plus Kentucky data campus project (WULF)May 26, 2026 9:09 AM
IH Market News Shares of TeraWulf (NASDAQ:WULF) gained 4.7% in premarket trading on Tuesday after the company announced the acquisition of a hyperscale high-performance computing development site in eastern Kentucky. New Muskie Data Campus expected to exceed 1GW capacity The acquisition establishes the Muskie Data Campus, which TeraWulf said is expected to support more than one gigawatt of data centre capacity over time. The company acquired the site from Industrial Equity Partners. TeraWulf expects the initial 500 megawatts of capacity to begin ramping in the second half of 2028, with an additional 500 megawatts targeted for delivery during the second half of 2030. The campus is located within the 1,000-acre EastPark Industrial Park and includes approximately 285 acres of owned and controlled land. Power infrastructure designed for large-scale AI and HPC demand Kentucky Power, an AEP company, is currently constructing a 345-kilovolt substation connected to an existing 765-kilovolt transmission network. The infrastructure is designed to provide redundant utility-scale power capacity capable of supporting the full 1GW-plus campus. TeraWulf said transmission infrastructure agreements and energy service arrangements were finalized alongside the acquisition. CEO says project supports next-generation computing strategy “This acquisition further reinforces the strategy we discussed on our first quarter earnings call: securing and developing large-scale, power-advantaged sites capable of supporting the next generation of HPC workloads,” said Paul Prager, Chairman and Chief Executive Officer of TeraWulf. Site already zoned as company expands Kentucky footprint The company said the site is already appropriately zoned for development, while permitting work is underway and only limited preparation work is needed before construction of the data centre facilities begins. The Muskie Data Campus becomes TeraWulf’s second major digital infrastructure project in Kentucky, alongside the company’s 480-megawatt Justified Data campus in Hancock County. Local officials highlight economic impact Regional economic development officials reportedly described the project as one of the most significant economic development opportunities for northeastern Kentucky in decades. TeraWulf stock price Original: TeraWulf shares rise after securing 1GW-plus Kentucky data campus project (WULF)

Low Pole Reversal on 20 May 2026. GLTA

Congrats. You did it right. Have fun. GLTY

In Double Top Breakout mode since 5 May 2026. GLTA

Double Top Breakout on 30 Apr 2026.
At Close $21.73 UP +$1.71 (+8.54%). GLTA

In Triple Top Breakout pattern/mode since 20 Apr 2026. GLTA

Decided to bank profits 780%

TeraWulf Shares Slide on $800 Million Equity Raise Plan and Soft Q1 OutlookApril 15, 2026 6:42 AM
IH Market News
TeraWulf (NASDAQ:WULF) shares fell 6.6% to $19.45 in premarket trading on Wednesday after the company unveiled plans for an $800 million equity offering and released preliminary first-quarter figures that missed analyst expectations.The Maryland-based data centre infrastructure group said proceeds from the share sale will be used in part to fund development of a new facility at its Hawesville, Kentucky site. The capital will also go toward repaying its existing credit facility in full, supporting potential acquisitions, and covering general corporate expenses.Morgan Stanley has been appointed as lead bookrunner for the transaction, while Cantor Fitzgerald is acting as capital markets adviser.TeraWulf also provided an early look at its first-quarter performance, forecasting revenue in the range of $30 million to $35 million and adjusted EBITDA between $0 million and $3 million. The company reported cash holdings of $3.1 billion as of March 31.The preliminary results fell short of market forecasts, with analysts previously expecting revenue of around $40 million and adjusted EBITDA of $8.8 million.TeraWulf stock price

Original: TeraWulf Shares Slide on $800 Million Equity Raise Plan and Soft Q1 Outlook

Ascending Triple Top Breakout on 23 March 2026. GLTA

Bearish Signal Reversed on 24 Feb 2026. GLTA

Doubled down here 14.50 average, looking for 20’s next quarter earnings $$$$$$

This company is starting to make waves, nothing wrong with a core position an let it ride, 20+ it should see soon, earnings are terriffic. $$$$$

Double Top Breakout on 12 Jan 2026. GLTA

TeraWulf Inc. $WULF Book value is only $.57 cents. WULF has $1.09B Debt -- Thats Billions

15.50

Double Top Breakout on 9 Dec 2025. GLTA

Short-term (last 24–48 hours): A noticeable decline of ~17–20% from November 30 highs (1,239 EH/s) to December 1 (987 EH/s).
This is likely due to price pressure causing less efficient miners to temporarily shut down, as mining revenue has dipped to ~$38–$40 per BTC mined amid the halving's reduced rewards (now 3.125 BTC per block).
Less income from mining affecting all bitcoin miners ...wether that is temporary or not, time will tell

Kiwi

Bought 2 May 15 strike call options for 4.20 here Wednesday, I really like this stock!

Wulf of Wall Street goes on )15.80

https://simplywall.st/stocks/us/software/nasdaq-wulf/terawulf/news/terawulf-wulf-is-up-213-after-announcing-mandatory-preferred

TeraWulf Announces Mandatory Conversion Date for Series A Convertible Preferred Stock


https://www.globenewswire.com/news-release/2025/11/25/3194178/0/en/TeraWulf-Announces-Mandatory-Conversion-Date-for-Series-A-Convertible-Preferred-Stock.html

Bitcoin and all cryptocurrency activities are illegal in China. $WULF

Bearish Signal Reversed on 20-Nov-2025. GLTA

TeraWulf's 2026 build plan involves expanding its AI-focused data center capacity, including projects at its Lake Mariner and Cayuga sites in New York, and a new joint venture campus in Texas. At the Lake Mariner site, it plans to deliver 138 MW of capacity in the second half of 2026. In Texas, a new 168 MW joint venture facility with Fluidstack is expected to be operational in the second half of 2026, as per a deal backed by Google.

Longer term look at the 2026 build here.

https://investors.terawulf.com/news-events/press-releases/detail/126/terawulf-reports-third-quarter-2025-results

TeraWulf (WULF) Q3 2025 Earnings Breakdown: Bullish Signal Amid HPC Pivot
TeraWulf's Q3 2025 results scream bullish—a "transformational" quarter that catapults the company from Bitcoin mining roots into high-margin, sustainable HPC infrastructure. Despite a headline net loss driven by non-cash items, revenue surged, multi-billion-dollar contracts locked in durable cash flows, and $5B+ in financings fuel aggressive expansion. This aligns perfectly with AI/HPC demand, positioning WULF for multi-year growth. Below, I break it down by key areas, highlighting why it's a green light for investors.
1. Financial Snapshot: Strong Core, Noisy Headline

Revenue: $50.6M (up 87% YoY from $27M), fueled by higher Bitcoin prices, expanded mining ops, and $7.2M initial HPC lease revenue—a new recurring stream signaling the pivot's payoff.
Net Loss: $455.1M (vs. $22.7M YoY), but this is largely non-cash: A $424.6M hit from changes in fair value of warrant/derivative liabilities (accounting quirk, not ops). Strip it out, and underlying performance shines.
Adjusted EBITDA (non-GAAP): $18.1M (up 203% from $6M YoY)—a cleaner profitability gauge showing ops efficiency. YTD: $28M vs. $57.5M (slight dip due to scaling costs, but still positive).
Balance Sheet: Cash ballooned to $712.8M (from $274M at year-start), post-$5B+ financings. Debt: ~$1.5B (new notes at low rates: 1% Convertible due 2031, 7.75% Secured due 2030, 0% Convertible due 2032)—manageable for growth, with liquidity for HPC buildouts.

Bullish Take: Ignore the GAAP loss; focus on EBITDA ramp and cash hoard. This funds self-sustained scaling without dilution risk.

Metric (Q3 2025)ValueYoY ChangeNotesRevenue$50.6M+87%HPC debut adds durabilityNet Loss($455.1M)WorsenedNon-cash derivatives dragAdj. EBITDA$18.1M+203%Core ops profitabilityCash Position$712.8M+160%Post-financings firepower
2. Operational Milestones: Execution on Steroids

HPC Ramp: At flagship Lake Mariner (NY), energized 22.5 MW HPC alongside 245 MW mining. Delivered key builds (WULF Den, CB-1; CB-2 imminent).
Contracts Signed: >$17B total in long-term, credit-enhanced deals—insane backlog for visibility:
Core42: 72.5 MW GPU leases ($1.1B over 10 yrs).
Fluidstack (x3): 450 MW ($6.7B over 10 yrs, $3.2B Google-backed).
Abernathy JV (TX): 240 MW initial (expandable to 600 MW), 25-yr lease ($1.3B Google-backed); TeraWulf controls up to 51%.
Bonus: 51% stake in future 200 MW Fluidstack project.

New Footprint: 80-yr lease at Cayuga (NY) for 2027 HPC start; Abernathy taps SPP grid for Southwest expansion.

Bullish Take: These aren't speculative—phased deliveries through 2026, with hyperscaler backing (Google) de-risking revenue. Mining (still 80%+ rev) provides bridge cash while HPC (higher margins) takes over.
3. Financings & Capital Strategy: War Chest Loaded

$5B+ Raised: $1B Convertible Notes (Aug), $3.2B Secured Notes (Oct, funds Lake Mariner), $1.025B Convertible Notes (Oct, for Abernathy equity/liquidity).
Low-cost structure (0-7.75% rates) matches long-dated assets; no near-term maturities.

Bullish Take: Investor confidence evident—raises at favorable terms amid rate hikes elsewhere. Positions TeraWulf to hit scale without equity dumps.
4. Growth Outlook: Ambitious Yet Achievable

Target: 250–500 MW new HPC contracts annually—reaffirmed, with "significant pipeline visibility."
Pipeline Depth: Abernathy expansions, Cayuga ramp, in-house developments "approaching realization." Low-carbon edge (nuclear/hydro) attracts ESG-focused hyperscalers.
2026 Catalysts: Fluidstack phases online; Abernathy energize.

Bullish Take: HPC/AI boom (e.g., Nvidia demand) plays to strengths; $17B+ backlog implies 10x+ revenue potential over 10 yrs.
5. Management Commentary: Confidence Dialed Up

CEO Paul Prager: "Remarkably busy... strength of our platform and trust from world-class partners." Emphasizes execution + 2027+ pipeline.
COO Sean Farrell: Prioritizing "efficient, de-risked" deliveries.
CFO Patrick Fleury: $5B capital "underscores investor confidence"; blueprint for future funding.

Bullish Take: Tone is execution-focused, not hype—aligns with results.
Risks & Caveats (Why Not 100% Bullish?)

Execution Risk: Delays in HPC builds (power, permits) could hit timelines.
Debt Load: $1.5B leverage; interest expense up (but covered by EBITDA).
Market/Regs: Bitcoin volatility, AI hype fade, or policy shifts (e.g., energy regs) loom.
Forward-Looking: All growth assumes no material variances; SEC filings detail more.

Verdict: Strong Buy Signal (Bullish AF)
This is a pivot win—WULF's trading at a discount to HPC peers (e.g., Core Scientific, Iris Energy) despite superior contracts and cash. Net loss? Noise. The $17B backlog + $713M war chest scream multi-bagger potential in the AI infra race. Watch for Q4 HPC revenue ramp; target $10-15/share if execution holds (from ~$4-5 current). DYOR, but this drops the hammer on upside.

Long Tail Up on 28-Oct-2025. GLTA
Wow! Share price up by about 24% at this time, volume 80 million!
Likely price may re-adjust. C'est La Vie! Cheers & GLTA

TeraWulf Stock Surges 22% After $9.5B Google-Backed AI Compute Deal With Fluidstack
Coindesk · Oct-28-2025 10:21 AM ET
Shares of TeraWulf (WULF.NaE) jumped 22% on Tuesday after the bitcoin mining firm unveiled a new $9.5 billion artificial intelligence (AI) infrastructure joint venture with cloud platform Fluidstack, deepening its push into high-performance computing (HPC).

The 25-year lease agreement, representing about $9.5 billion in contracted revenue, will see the two firms build out 168 megawatts (MW) of data center capacity at TeraWulf’s Abernathy, Texas campus. The facility will serve AI workloads, and is expected to go live in the second half of next year.

Google (GOOG.NaE) is supporting the deal by backing $1.3 billion of Fluidstack’s long-term lease obligations, giving lenders more confidence to finance the project. TeraWulf (WULF.NaE) will hold a 51% stake in the joint venture.

TeraWulf (WULF.NaE) also secured the exclusive right to co-develop Fluidstack’s next 168 MW AI data center project under similar terms. With this deal, TeraWulf (WULF.NaE) now has 510 MW of computing capacity under contract, and is aiming to add 250 to 500 MW annually going forward.

In a separate update, the company said it expects third quarter 2025 revenue between $48 million and $52 million, up around 84% from the same period last year. Adjusted EBITDA is projected between $15 million and $19 million, nearly triple last year’s results.

Kiwi

Rippn$$$$$$$

Thnxs WULF for the quick trade.

In Low Pole Reversal mode since 23-Oct-2025. GLTA

$WULF JPM Raised the target price to $18.

Sorry folks, 12's!

Yep was correct 22's, now is it going to 10! We think so, shorts are winning this one, might even go to 5!

Might this be going to 12's?

Ascending Triple Top Breakout on 15-Oct-2025. GLTA

This just keeps going up!

Weeee-Haaaaaaa!!

Ascending Triple Top Breakout on 8-Oct-2025. GLTA

Outside Day Alert!!! 10.72 lod is now support!

Breaking out! Target 16.54, my calls almost a double now!

Broke 52 wk high after hrs.

It broke out, took a rest, now onward and upward! Great day for my Nov 9 strike calls! 16.54 next resistance imo

Why is it taking off all of a sudden?

At some point 🔜 

Wulf Wulf again! We're good!