TeraWulf Inc. (NASDAQ:WULF) is one of the best low priced stocks to buy for the next 3 years.
On May 8, TeraWulf reported Q1 2026 revenue of $34.0 million, driven significantly by $21.0 million in HPC lease revenue
The company maintained a robust liquidity position, ending the quarter with ~$3.1 billion in cash and restricted cash. Financial flexibility was further strengthened by closing a new $250 million revolving credit facility backed by a syndicate of global financial institutions, supporting a transition toward stable, contracted revenue models. Operationally, the company reached 60 MW of energized critical IT HPC capacity for Core42 at its Lake Mariner campus as of March 31.
Construction remains on track for additional development buildings, with CB-3 capacity scheduled for delivery in May, and both CB-4 and CB-5 on schedule for later in the year. Furthermore, the Abernathy joint venture (a 168 MW project under a 25-year lease) is progressing toward a targeted Q4 2026 delivery. TeraWulf Inc. (NASDAQ:WULF) expanded its power-advantaged development pipeline by acquiring a large-scale campus in Hawesville, Kentucky, which offers immediate access to 480 MW of grid-connected power across 250 acres.