TERAWULF INC

Ticker: WULF CUSIP: 88080T104 Class: Common Stock

Nicholas Investment Partners, LP's Holding History (CIK: 0001389574)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 217,667 Value ($000) $2,501 Avg Close $13.40 Range $10.47 - $17.05

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	217,667	$2,501	$13.40	$10.47 - $17.05