NEW YORK, Feb 26, 2026, 08:49 EST — Premarket
- WULF ticked up 0.1% in premarket action after closing at $17.92 on Wednesday.
- The stock jumped nearly 12% Tuesday, adding another 2% the next day.
- The company reports fourth-quarter numbers Thursday, with the conference call set for 4:30 p.m. ET.
TeraWulf Inc edged 0.1% higher to $17.94 ahead of Thursday’s U.S. premarket session, as some investors moved in before the bitcoin miner and data-center operator posts its Q4 results. On Wednesday, the stock settled at $17.92.
Timing matters—WULF’s price action isn’t only about bitcoin these days. Investors are watching to see if the company can truly turn its power assets and sites into consistent data-center revenue. That shift in story shows up in the stock, and often ahead of the opening bell.
Zacks Investment Research expects fourth-quarter revenue to come in at $43.55 million, with a loss of 13 cents per share, according to a preview published on Nasdaq.com. Those figures suggest sales are climbing, though losses are deepening versus the same period last year.
WULF surged 11.99% Tuesday, then tacked on another 2.05% Wednesday, hitting intraday peaks of $18.03 and $18.51. Trading volume spiked on both sessions.
TeraWulf has a conference call and webcast slated for 4:30 p.m. ET this Thursday, just after the close. Whatever comes out of the discussion, investors will be working through the details before Friday’s session.
Earlier this month, the company snapped up two brownfield infrastructure sites—one located in Kentucky, the other in Maryland—boosting its portfolio by about 1.5 GW of capacity. That’s enough to cover major computing loads. Chairman and CEO Paul Prager called the buys an effort to “reinvest in existing energy infrastructure,” with an eye on both computing customers and contributions to the grid. Feb. 2 press release
Even so, the report isn’t guaranteed. Cost overruns, a dip in liquidity, or a slowdown in signups for high-performance computing (HPC)—which refers to data-center capacity built for heavy-duty computing—could weigh on the stock. That’s particularly true after the sharp move higher this week.
Bitcoin’s price action will be under scrutiny during the release. Mining outcomes depend on more than just price; “network difficulty” also matters, reflecting how much harder it is to mint coins as the network’s computing power increases.
