TeraWulf, a leading digital asset technology firm, has not declared or paid any cash dividends on its common stock during 2023 and does not intend to pay dividends in the foreseeable future, focusing instead on reinvesting future earnings into business growth. The company's common stock is listed on the Nasdaq under the symbol 'WULF.' As of December 31, 2023, TeraWulf had 44 registered owners of its common stock. Throughout 2023, TeraWulf engaged in various private placement transactions and warrant agreements to raise capital and expand its operations. Notably, in October 2022, TeraWulf entered into subscription agreements with accredited investors, resulting in the sale of shares and warrants, and a similar arrangement occurred in December 2022 and January 2023. The company also amended terms for existing convertible promissory...Show More

TeraWulf, a leading digital asset technology firm, has not declared or paid any cash dividends on its common stock during 2023 and does not intend to pay dividends in the foreseeable future, focusing instead on reinvesting future earnings into business growth. The company's common stock is listed on the Nasdaq under the symbol 'WULF.' As of December 31, 2023, TeraWulf had 44 registered owners of its common stock. Throughout 2023, TeraWulf engaged in various private placement transactions and warrant agreements to raise capital and expand its operations. Notably, in October 2022, TeraWulf entered into subscription agreements with accredited investors, resulting in the sale of shares and warrants, and a similar arrangement occurred in December 2022 and January 2023. The company also amended terms for existing convertible promissory notes and entered into a new convertible note agreement. TeraWulf's business development has been focused on environmentally conscious bitcoin mining operations, utilizing clean energy sources for its facilities in the United States. The company's primary revenue comes from bitcoin mining and occasionally from miner hosting services. TeraWulf's mining operations are powered by zero-carbon energy, with a significant portion of its operations fueled by nuclear and hydroelectric power. The company's future plans include continuing to optimize its mining efficiency and expanding its operational capacity, with a commitment to achieving complete reliance on zero-carbon energy sources.