TeraWulf Inc. Common Stock

TeraWulf, Inc. owns and operates fully integrated environmentally clean bitcoin mining facilities in the United States. The company is headquartered in Easton, Maryland and currently employs 141 full-time employees. The firm has two operating segments: Digital Asset Mining and HPC Leasing. Digital Asset Mining consists of providing hash computation services to a mining pool operator. HPC Leasing consists of providing high-density colocation services to third parties for HPC operations. The Company’s primary operations are located at the Lake Mariner Campus, strategically located on the shores of Lake Ontario. The firm provides hash computation services to a mining pool operator, facilitating transaction validation of transactions on the global bitcoin network using its fleet of application-specific integrated circuit miners. The company also has digital and power infrastructure portfolio located in brownfield infrastructure sites in Hawesville, Kentucky and Charles County, Maryland.