TERAWULF INC

Ticker: WULF CUSIP: 88080T104 Class: Common Stock

Elequin Capital, LP's Holding History (CIK: 0001810873)

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

Q4 2025

Shares 4,436 Value ($000) $51 Avg Close $13.40 Range $10.47 - $17.05

Q4 2024

Shares 1,622 Value ($000) $9 Avg Close $6.45 Range $3.76 - $9.30

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	4,436	$51	$13.40	$10.47 - $17.05
Q4 2024	1,622	$9	$6.45	$3.76 - $9.30