WULF TeraWulf Inc

$WULF what changed fundamentally since June to drop this stock from $29.84? I mean other than: 19B ANTHROPIC “take or pay” deal doubling MUSKIE capacity to 1 GW received JUSTIFIED campus power approval sold ABERNATHY 50.1% JV for $530M, activated GOOGLE’S $600M credit support by completing CB3 Ex has 3B in Cash on hand and oh yeah GOOGLE is also a 14% minority owner in $WULF So now tell me how share price is down over 60% from June… make it make sense. (But, but Gartner said… ). WAKE UP BOTS

IF the worst is over, and I think it is after the Dotcom-like melt down we had, these are all GREAT opportunities at current cheap levels: $WULF $CIFR $APLD $IREN $CORZ

$WULF GM! let her forming the base around here 10-13 for next several sessions...which take us to a week before Nov 3.

$WULF Congratulations, you just survived a 4 month long Nation State level psychological Fear Campaign that was designed to demoralize and convince you that AI was "dead".

$WULF Enjoy the green color tomorrow, you bulls—tomorrow is going to be a beautiful day.

$WULF every time tells me not to buy and swing this, I ignore him and 100% of the time make money 🤔

$WULF True story! Not all infrastructure is the same, nor is management. Best in class hands down! In a cage match of CEO's, my $ is on Prager!!!

$WULF Rumor is there was another fund, like Special Sits previously, who blew up last week causing a lot of pressure on names like this and others. Anomolies like this tend to be transitory and provide favorable asymmetric risk opportunities for those able to capitalize. I spoke to at least a couple fund PM's last week who I beleive were large buyers here last week. Smartest and most educated analyst in the space raised his tqrget last week from 62 50 to 65 citing it as SEVERALLY mispriced.

$WULF The market FINALLY realized the very IMPORTANT difference between Powered Shell Providers like $WULF that do not buy chips that rapidly depreciate..... And other "Data Center" companies that DO buy their own chips and ARE subject to rapid depreciation and are NOT ACTUALLY Powered Shell Providers.

$WULF what happens to chip prices when supply of chips is greater than power racks to plug them into. Memory and gpu get 85% margins because of scarcity. Data center costs are 70% chips more data centers get built when chip margins fall. 1gw data center is 10b for the power shell and 30 to 40b in chips that is unsustanable. Adding 20gw of dc in a year is 1t in debt that has to be serviced by revenue. The profit margin bloat is in chips not the power shells. Margins go to scarcity and bottlenecks power will become the new bottleneck the next 3 years. Chip supply vs availale slots to plug them in is the tipping point that moves margins from chips over to power.

$WULF First tick up for the week. Severely undervalued. Powered shell provider not a neocloud. $ 65 First PT then $ 104 PT. Massive moat (go and try to get interconnects and transformers TODAY without prior planning, orders, and applications). Best management. 25 years of power plant operation, management, financing, and development. $WULF is the result of a lifetime of the same team working together. Nazar, Paul, Kari, Patrick, much of the rest of the team used to work for others. Now they all work for $WULF Shareholders, which includes them.

$WULF Cantor on this semi selloff “we believe $WULF, $HUT , and $CORZ are generational buys that could rally 100%+ in a short period from current levels as Al funding fears abate”

$WULF $WULF Keep selling, you're playing right into their hands... Institutional Ownership Percentage... 10/4/25 - 54.33% 10/11/25 - 56.26% 7/7/2026 - 82.4% 7/31/26 - 85.44% 10/16/26 - 91.07% $CIFR 5/29/25 - 81.89% 10/16/26 - 94.95% Think they don't know where these are headed? Think they don't KNOW data center's are gonna be built. WAKE UP PEOPLE... Data Centers are GOING TO BE BUILT, no matter who wins midterms. All you are doing is giving them your shares for an illusion and a BS story. If Dario and Sam are so concerned about AI dangers, STOP, cancel all contracts, yet they keep signing contracts, preparing IPO's, it's a CON. "Put Regulations, and guardrails etc." (so no one can compete with the moat of a lead they've created). WAKE UP... NOT EVERY PRINCE IS FROM NIGERIA (Dario, Sam). And the US registered voters are all falling for their SCAM. backed by MM's and institutional investors that are fleecing your shares!!! The news is lying to you...

$WULF You must be kidding! What run? This was $30 just weeks ago, and this current price is like an all-time low. Plenty of people have $12+ average. This is an absolute bargain if not free money!!!

$WULF Paul killed it on CNBC today ; undiscerning market kept lumping in wulf with neoclouds when wulf's is a completely different and objectively superior business model. He stressed exactly the point i was making yesterday in response to the Gartner write up, they dont bet on technology they dont buy up costly GPUs and TPUs that rapidly depreciate when the new model comes out, instead they own the power they own the land and lease it out , they build out the datacenters and run them. Massive contracts with hyperscalers; predictable revenue; big time derisked compared to neoclouds like coreweave.

$WULF I don’t think folks understand how companies with negative income or quarterly or annual deficits works, they don’t survive, they’re basically breathing based on long investor holdings pumping the stock until managment can dump it, you need to listen to me more, this is math its basic as f

$WULF has the clearest anthropic exposure among publicly traded infra names. $19 billion contract. Anthropic, if current schedules hold, is set to start publicly trading sometime end of November or December. Expect big run up in wulf once that S1 hits the deck and anthropic roadshow begins. Hyperscaler earnings last week of october will also kickstart moves (capex accelerating beyond expectations per recent comments by amzn ceo and others) and neoclouds will continue to bleed into wulf Get ready $CRWV $NBIS $IREN $AMZN

$WULF ..... I have never ever heard such ultra bullshit that the 'Black Monday' thing will be happening again, just because it did 39 years ago on the same date...! Grow the fk up pls...

$WULF We have to stop lumping all DC companies together. The hype phase is over, and we're moving into execution—there will be clear winners and losers. As soon as the wheat gets separated from the chaff, the revaluation for companies with actual revenue and moat will be rapid. Great interview from Paul Prager at CNBC today. $WULF $CIFR $IREN $CRWV $APLD

$WULF Too many dumb people here. No more posts from me. I will be back in a year for a victory lap. Good luck gang.