TeraWulf Inc. (WULF)
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- Simply Wall St.
Top US Growth Companies With High Insider Ownership In May 2024
As of May 2024, the U.S. stock market is experiencing fluctuations, with significant movements in both stocks and bonds as investors adjust their expectations for Federal Reserve policy actions. Amid these conditions, growth companies with high insider ownership can be particularly noteworthy; such firms often benefit from leadership that is deeply invested in their success, potentially aligning company performance closely with shareholder interests during uncertain economic times.
- GuruFocus.com
TeraWulf Inc (WULF) Q1 2024 Earnings Call Transcript Highlights: Strategic Growth and Financial ...
Discover how TeraWulf Inc (WULF) is navigating the complexities of Bitcoin mining and high-performance computing to secure robust financial and operational results.
- GlobeNewswire
TeraWulf Reports First Quarter 2024 Financial Results
Self-mined 1,057 bitcoin in Q1 2024, an 8.9% increase over Q4 2023, on a total installed hashrate of 8.0 EH/s. Q1 2024 revenue grows 82.2% over Q4 2023 to $42.4 million. Q1 2024 Non-GAAP Adjusted EBITDA increases 95.4% over Q4 2023 to $32.0 million. Paid down approximately $63.6 million of debt so far in 2024, demonstrating the power of low-cost, profitable operations. On track to reach ~10.2 EH/s in Q3 2024, with plans to grow to ~13.3 EH/s by Q1 2025. EASTON, Md., May 13, 2024 (GLOBE NEWSWIRE)
