TeraWulf Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

BATS-CHIXE:1WULFM Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
28 Apr 26	Sell€3,836,975	Paul Prager	Individual	216,700	€18.18
25 Mar 26	Sell€3,927,788	Paul Prager	Individual	275,000	€15.22
20 Mar 26	Buy€21,656	Michael Bucella	Individual	1,665	€13.01
19 Mar 26	Buy€65,285	Michael Bucella	Individual	4,835	€13.87
17 Mar 26	Sell€8,398,933	Patrick Fleury	Individual	600,000	€14.00
11 Mar 26	Buy€17,238	Michael Bucella	Individual	1,338	€12.88
09 Mar 26	Buy€25,939	Michael Bucella	Individual	2,085	€13.21
04 Mar 26	Buy€43,028	Michael Bucella	Individual	3,171	€13.57
13 Nov 25	Buy€43,103	Michael Bucella	Individual	4,178	€10.32
19 Sep 25	Sell€497,401	Catherine Motz	Individual	52,942	€9.40
15 Aug 25	Sell€33,941	Amanda Fabiano	Individual	4,600	€7.38
18 Jun 25	Sell€72,090	Catherine Motz	Individual	21,182	€3.40

Insider Trading Volume

Insider Buying: 1WULFM insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of 1WULFM?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	51,798,407	10.4%
Individual Insiders	59,820,767	12%
Institutions	387,583,443	77.6%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 28.8%.

Top Shareholders

Top 25 shareholders own 69.15% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
6.77%	Heorot Power Holdings LLC	33,559,688	€657.9m	0%	no data
5.68%	BlackRock, Inc.	28,142,025	€551.7m	0.88%	0.01%
5.6%	Jane Street Group, LLC	27,751,813	€544.0m	1,280%	0.56%
5.53%	The Bank of Nova Scotia	27,383,209	€536.8m	0%	0.83%
5.33%	Nazar Khan	26,400,411	€517.5m	1.43%	no data
4.53%	Vanguard Portfolio Management, LLC	22,462,422	€440.3m	0%	0.02%
4.39%	Lone Pine Capital LLC	21,745,129	€426.3m	9.15%	3.32%
3.68%	Baystreet Capital Corp	18,238,719	€357.5m	0%	no data
3.44%	Lauren O’Rourke	17,060,622	€334.4m	0%	no data
3.15%	Vanguard Capital Management, LLC	15,627,257	€306.3m	0%	0.01%
2.37%	Citadel Advisors LLC	11,731,728	€230.0m	53.9%	0.18%
1.89%	Marshall Wace LLP	9,374,298	€183.8m	194%	0.22%
1.72%	Geode Capital Management, LLC	8,523,976	€167.1m	1.75%	0.01%
1.58%	Value Aligned Research Advisors, LLC	7,848,232	€153.8m	0%	1.35%
1.58%	Two Sigma Investments, LP	7,837,097	€153.6m	98.1%	0.14%
1.54%	State Street Global Advisors, Inc.	7,613,660	€149.2m	3.59%	no data
1.51%	Scoggin Capital Management LLC	7,500,000	€147.0m	18.6%	46.21%
1.32%	Paul Prager	6,541,898	€128.2m	14.1%	no data
1.22%	Driehaus Capital Management LLC	6,063,000	€118.8m	3.39%	0.62%
1.18%	Voloridge Investment Management, LLC	5,859,417	€114.9m	-5.59%	0.48%
1.15%	Morgan Stanley	5,719,345	€112.1m	-39.1%	0.01%
1.13%	Bank of America Corporation	5,609,688	€110.0m	8.38%	0.03%
1.02%	T. Rowe Price Group, Inc.	5,046,536	€98.9m	1,610%	0.01%
0.97%	FMR LLC	4,788,878	€93.9m	-24.8%	no data
0.86%	Wellington Management Group LLP	4,254,957	€83.4m	-6.37%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/26 21:45
End of Day Share Price	2026/05/22 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TeraWulf Inc. is covered by 16 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Pierre-Marie D'Ornano	Arete Research Services LLP
Martin Toner	ATB Cormark
Nicholas Giles	B. Riley Securities, Inc.