TeraWulf Ownership

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

Recent Insider Transactions

BMV:WULF * Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
27 May 26	SellMex$145,678,385	Paul Prager	Individual	333,300	Mex$461.33
28 Apr 26	SellMex$78,144,446	Paul Prager	Individual	216,700	Mex$370.29
25 Mar 26	SellMex$80,577,838	Paul Prager	Individual	275,000	Mex$312.33
20 Mar 26	BuyMex$447,857	Michael Bucella	Individual	1,665	Mex$268.98
19 Mar 26	BuyMex$1,342,455	Michael Bucella	Individual	4,835	Mex$285.28
17 Mar 26	SellMex$171,377,264	Patrick Fleury	Individual	600,000	Mex$285.63
11 Mar 26	BuyMex$352,076	Michael Bucella	Individual	1,338	Mex$263.14
09 Mar 26	BuyMex$533,449	Michael Bucella	Individual	2,085	Mex$271.59
04 Mar 26	BuyMex$878,534	Michael Bucella	Individual	3,171	Mex$277.05
13 Nov 25	BuyMex$916,763	Michael Bucella	Individual	4,178	Mex$219.43
19 Sep 25	SellMex$10,735,885	Catherine Motz	Individual	52,942	Mex$202.79
15 Aug 25	SellMex$743,062	Amanda Fabiano	Individual	4,600	Mex$161.54
18 Jun 25	SellMex$1,577,652	Catherine Motz	Individual	21,182	Mex$74.48

Insider Trading Volume

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

Ownership Breakdown

What is the ownership structure of WULF *?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	51,809,910	10.1%
Individual Insiders	61,461,075	12%
Institutions	400,887,199	78%

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 72.13% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
6.77%	Heorot Power Holdings LLC	33,559,688	Mex$15.1b	0%	no data
5.68%	BlackRock, Inc.	28,142,025	Mex$12.6b	0.88%	0.01%
5.6%	Jane Street Group, LLC	27,751,813	Mex$12.5b	1,280%	0.63%
5.55%	Nazar Khan	27,496,860	Mex$12.3b	5.64%	no data
5.53%	The Bank of Nova Scotia	27,383,209	Mex$12.3b	0%	0.96%
4.53%	Vanguard Portfolio Management, LLC	22,462,422	Mex$10.1b	0%	0.03%
4.39%	Citadel Advisors LLC	21,772,257	Mex$9.8b	85.6%	0.37%
4.39%	Lone Pine Capital LLC	21,745,129	Mex$9.8b	9.15%	3.67%
3.68%	Baystreet Capital Corp	18,238,719	Mex$8.2b	0%	no data
3.44%	Lauren O’Rourke	17,060,622	Mex$7.7b	0%	no data
3.15%	Vanguard Capital Management, LLC	15,627,257	Mex$7.0b	0%	0.01%
1.89%	Marshall Wace LLP	9,374,298	Mex$4.2b	194%	0.25%
1.72%	Geode Capital Management, LLC	8,523,976	Mex$3.8b	1.75%	0.01%
1.58%	Value Aligned Research Advisors, LLC	7,848,232	Mex$3.5b	0%	1.48%
1.58%	Two Sigma Investments, LP	7,837,097	Mex$3.5b	98.1%	0.16%
1.54%	State Street Global Advisors, Inc.	7,613,660	Mex$3.4b	3.59%	0.01%
1.51%	Scoggin Capital Management LLC	7,500,000	Mex$3.4b	18.6%	50.62%
1.48%	Citadel Securities LLC	7,319,105	Mex$3.3b	78.2%	17.14%
1.43%	Paul Prager	7,085,757	Mex$3.2b	23.6%	no data
1.22%	Driehaus Capital Management LLC	6,063,000	Mex$2.7b	3.39%	0.69%
1.18%	Voloridge Investment Management, LLC	5,859,417	Mex$2.6b	-5.59%	0.54%
1.15%	Morgan Stanley	5,719,345	Mex$2.6b	-39.1%	0.01%
1.13%	Bank of America Corporation	5,609,688	Mex$2.5b	8.38%	0.03%
1.02%	T. Rowe Price Group, Inc.	5,046,536	Mex$2.3b	1,610%	0.01%
0.97%	FMR LLC	4,788,878	Mex$2.2b	-24.8%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/06/14 14:11
End of Day Share Price	2026/06/12 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 18 analysts. 13 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
Gautam Chhugani	Bernstein