TERAWULF INC

Ticker: WULF CUSIP: 88080T104 Class: Common Stock

Next Capital Management LLC's Holding History (CIK: 0001752762)

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

Q4 2025

Shares 10,525 Value ($000) $121 Avg Close $13.40 Range $10.47 - $17.05

Q3 2025

Shares 10,525 Value ($000) $120 Avg Close $7.64 Range $4.24 - $12.06

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	10,525	$121	$13.40	$10.47 - $17.05
Q3 2025	10,525	$120	$7.64	$4.24 - $12.06