3Suppliers
19Customers
3Debt Items
20Related Chains

Source-Backed Evidence Depth

TeraWulf Inc. (WULF) is shown with relationship data already present in ChainSifter's database. Counts below come from stored supply-chain records and filing/source URLs where available; missing source URLs are not filled in or estimated.

38Total relationships
4Distinct source URLs
22High confidence
0.807Average confidence
2026-09-13Latest database update
ChainSifter does not infer unreported suppliers, customers, ownership, acquisitions, debt exposure, revenue dependency, or future supply-chain events on this public page.

TeraWulf Inc. Suppliers

TickerNameConfidenceEvidence
MORGAN-STANLEY-CO-LLC MORGAN-STANLEY-CO-LLC 92% On April 14, 2026, TeraWulf Inc. entered into an underwriting agreement with Morgan Stanley & Co. LLC, as representative of the several underwriters named therein, pursuant to which the Company agree…
FOUNDRY FOUNDRY 90% we receive daily reports from Foundry detailing the total processing power provided to its mining pool and our proportion of that total processing power to determine the distribution of rewards to us
NYDIG NYDIG 80% recovery of any mining rewards or fees for any given day that had not yet been delivered into our wallet held at NYDIG would be delayed or unrecoverable

TeraWulf Inc. Customers

TickerNameConfidenceEvidence
FOUNDRY-USA-POOL FOUNDRY-USA-POOL 92% The Company has entered into an arrangement with a cryptocurrency mining pool (the Foundry USA Pool) to perform hash computations (i.e. hashrate) for the mining pool in exchange for consideration.
HPC-DATA-CENTERS HPC-DATA-CENTERS 92% TeraWulf's ability to attract additional customers to lease its HPC data centers
TERAWULF-BROOKINGS-LLC TERAWULF-BROOKINGS-LLC 85% LLC (“Lake Mariner”), an indirect wholly owned subsidiary of the Company, assigned its right, title and interest in the premises to its parent company, TeraWulf Brookings LLC (“Brookings”) and the pa…
MS-PE Morgan Stanley 72% Reciprocal relationship from MS-PE graph: Reciprocal relationship from WULF graph: npaid interest. In connection with the offering, the Company entered into privately negotiated capped call transacti…
MS-PK Morgan Stanley 72% npaid interest. In connection with the offering, the Company entered into privately negotiated capped call transactions (the “2031 Capped Calls”) with certain counterparties. The 2031 Capped Calls ha…
TLN Talen Energy Corporation 72% of JV Notes sold in the offering was $ 1,300.0 million. The net proceeds will be used to finance a portion of the cost of construction of the Abernathy HPC Campus, to fund debt reserves, to fund $ 75…
TLN Talen Energy Corporation 72% Reciprocal relationship from TLN graph: Reciprocal relationship from WULF graph: of JV Notes sold in the offering was $ 1,300.0 million. The net proceeds will be used to finance a portion of the cost…
AKELA-DATA-LLC AKELA-DATA-LLC 62% lects the extension of the Company’s commercial relationship with Fluidstack, supported by continued credit enhancement from Google, to an additional site. Hawesville Site In February 2026, the Compa…
BEOWULF-E-D-HOLDINGS-INC BEOWULF-E-D-HOLDINGS-INC 62% Mining, such that the CODM was regularly provided only with consolidated expense data, as presented in the condensed consolidated statements of operations. The CODM managed this segment using consoli…
BIG-COUNTRY-WULF-LLC BIG-COUNTRY-WULF-LLC 62% NOTE 1 – ORGANIZATION TeraWulf Inc. (“TeraWulf” or the “Company”) is a vertically integrated owner and operator of next-generation digital infrastructure, powered by low-carbon energy. The Company de…
CO-LLC CO-LLC 62% npaid interest. In connection with the offering, the Company entered into privately negotiated capped call transactions (the “2031 Capped Calls”) with certain counterparties. The 2031 Capped Calls ha…
LA-LUPA-DATA-LLC LA-LUPA-DATA-LLC 62% lects the extension of the Company’s commercial relationship with Fluidstack, supported by continued credit enhancement from Google, to an additional site. Hawesville Site In February 2026, the Compa…
MD-LLC MD-LLC 62% and supports infrastructure-style returns. 48 The Company’s contracting strategy prioritizes multi-year hosting arrangements with credit-supported counterparties, which reduces exposure to commodity-…
MORGAN-STANLEY-SENIOR-FUNDING-INC MORGAN-STANLEY-SENIOR-FUNDING-INC 62% ents of HPC lease revenue for the three months ended March 31, 2026 and 2025: Three Months Ended March 31, 2026 2025 HPC lease revenue (1) Rent $ 17,561 $ — Power passthrough (2) 1,082 — Maintenance …
MS Morgan Stanley 62% Reciprocal relationship from MS graph: Reciprocal relationship from WULF graph: ents of HPC lease revenue for the three months ended March 31, 2026 and 2025: Three Months Ended March 31, 2026 2025 HP…
NY-LLC NY-LLC 62% and supports infrastructure-style returns. 48 The Company’s contracting strategy prioritizes multi-year hosting arrangements with credit-supported counterparties, which reduces exposure to commodity-…
ORGANIZATION-ORGANIZATION-TERAWULF-INC ORGANIZATION-ORGANIZATION-TERAWULF-INC 62% NOTE 1 – ORGANIZATION Organization TeraWulf Inc. (“TeraWulf” or the “Company”) is a vertically integrated owner and operator of next-generation digital infrastructure, powered by low-carbon energy. T…
ORGANIZATION-TERAWULF-INC ORGANIZATION-TERAWULF-INC 62% NOTE 1 – ORGANIZATION TeraWulf Inc. (“TeraWulf” or the “Company”) is a vertically integrated owner and operator of next-generation digital infrastructure, powered by low-carbon energy. The Company de…
WULF-COMPUTE-LLC WULF-COMPUTE-LLC 62% NOTE 1 – ORGANIZATION Organization TeraWulf Inc. (“TeraWulf” or the “Company”) is a vertically integrated owner and operator of next-generation digital infrastructure, powered by low-carbon energy. T…

TeraWulf Inc. Debt Obligations

InstrumentDescriptionConfidenceEvidence
WULF-DEBT-3775 Warrants outstanding: 8455410 90% xbrl warrant detail from xbrl 2026-03-31.
WULF-DEBT Debt stack $3.1B 90% Market cache reports total debt of $3.1B.
WULF-DEBT-3776 Xbrl Convertible 90% xbrl convertible detail from xbrl 2025-12-31.

TeraWulf Inc. Acquisitions

No acquisitions on recordNo completed or pending acquisitions found in our database for TeraWulf Inc..

TeraWulf Inc. Ownership

HolderNameConfidenceEvidence
WULF-OWNER-BLACKROCK-INC Blackrock Inc. 95% 13F/ownership overlay lists Blackrock Inc.; shares held 26,007,649; ownership 6.21%; value $383.4M; as of 2025-09-30.
WULF-OWNER-DRIEHAUS-CAPITAL-MANAGEMENT-LLC Driehaus Capital Management, LLC 95% 13F/ownership overlay lists Driehaus Capital Management, LLC; shares held 9,006,964; ownership 2.15%; value $132.8M; as of 2025-09-30.
WULF-OWNER-TWO-SIGMA-INVESTMENTS-LP Two Sigma Investments, LP 95% 13F/ownership overlay lists Two Sigma Investments, LP; shares held 8,686,120; ownership 2.07%; value $128.0M; as of 2025-09-30.
WULF-OWNER-CITADEL-ADVISORS-LLC Citadel Advisors Llc 95% 13F/ownership overlay lists Citadel Advisors Llc; shares held 7,621,915; ownership 1.75%; value $142.5M; as of 2025-12-31.
WULF-OWNER-VANGUARD-GROUP-INC Vanguard Group Inc 95% 13F/ownership overlay lists Vanguard Group Inc; shares held 33,643,009; ownership 8.04%; value $495.9M; as of 2025-12-31.
WULF-OWNER-POINT72-ASSET-MANAGEMENT-L-P Point72 Asset Management, L.P. 95% 13F/ownership overlay lists Point72 Asset Management, L.P.; shares held 6,374,256; ownership 1.46%; value $119.2M; as of 2025-12-31.
WULF-OWNER-SHAW-D-E-CO-INC Shaw D.E. & Co., Inc. 95% 13F/ownership overlay lists Shaw D.E. & Co., Inc.; shares held 13,175,589; ownership 3.15%; value $194.2M; as of 2025-09-30.
WULF-OWNER-JANE-STREET-GROUP-LLC Jane Street Group, LLC 95% 13F/ownership overlay lists Jane Street Group, LLC; shares held 8,205,046; ownership 1.88%; value $153.4M; as of 2025-12-31.
WULF-OWNER-STATE-STREET-CORPORATION State Street Corporation 95% 13F/ownership overlay lists State Street Corporation; shares held 7,349,508; ownership 1.69%; value $137.4M; as of 2025-12-31.
WULF-OWNER-GEODE-CAPITAL-MANAGEMENT-LLC Geode Capital Management, LLC 95% 13F/ownership overlay lists Geode Capital Management, LLC; shares held 8,058,747; ownership 1.92%; value $118.8M; as of 2025-09-30.
WULF-OWNER-FMR-LLC FMR, LLC 95% 13F/ownership overlay lists FMR, LLC; shares held 6,367,776; ownership 1.46%; value $119.1M; as of 2025-12-31.
WULF-OWNER-MORGAN-STANLEY Morgan Stanley 95% 13F/ownership overlay lists Morgan Stanley; shares held 8,916,923; ownership 2.13%; value $131.4M; as of 2025-09-30.
WULF-OWNER-JPMORGAN-CHASE-CO JPMORGAN CHASE & CO 95% 13F/ownership overlay lists JPMORGAN CHASE & CO; shares held 8,956,176; ownership 2.14%; value $132.0M; as of 2025-09-30.

TeraWulf Inc. Extended Supply Chain Network

TickerNameChain IndexHopsRelationship Types
MS-PE Morgan Stanley 100.00 1 ['customer']
MS Morgan Stanley 100.00 1 ['customer']
BPYPP Brookfield Property Partners L.P. 50.00 2
ASPS Altisource Portfolio Solutions S.A. 50.00 2
BGIN Bgin Blockchain Limited 50.00 2
AMBR Amber International Holding Limited 50.00 2
ALGM Allegro MicroSystems, Inc. 50.00 2
BIOA BioAge Labs, Inc. 50.00 2
CMTG Claros Mortgage Trust, Inc. 50.00 2
CRCL Circle Internet Group 50.00 2
ENIC Enel Chile S.A. 50.00 2
CRWV CoreWeave, Inc. 50.00 2
DKNG DraftKings Inc. 50.00 2
FEDU Four Seasons Education (Cayman) Inc. 50.00 2
CIM Chimera Investment Corporation 50.00 2
CMBT Cmb.Tech NV 50.00 2
CHYM Chime Financial, Inc. 50.00 2
BNR Burning Rock Biotech Limited 50.00 2
CBOE Cboe Global Markets, Inc. 50.00 2
CMRE Costamare Inc. 50.00 2
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WULF
Unlock WULF Supply Chain Data
Verified relationships include:
MORGAN-STANLEY-CO-LLCMORGAN-STANLEY-CO-LLCSupplier92%
FOUNDRYFOUNDRYSupplier90%
FOUNDRY-USA-POOLFOUNDRY-USA-POOLCustomer92%
HPC-DATA-CENTERSHPC-DATA-CENTERSCustomer92%
+34 more relationships locked
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