TERAWULF INC

Ticker: WULF CUSIP: 88080T104 Class: Common Stock

DARK FOREST CAPITAL MANAGEMENT LP's Holding History (CIK: 0001853322)

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

Q4 2025

Shares 132,892 Value ($000) $1,527 Avg Close $13.40 Range $10.47 - $17.05

Q3 2025

Shares 81,643 Value ($000) $932 Avg Close $7.64 Range $4.24 - $12.06

Q2 2025

Shares 42,727 Value ($000) $187 Avg Close $3.42 Range $2.06 - $4.65

Q1 2025

Shares 389,900 Value ($000) $1,064 Avg Close $4.46 Range $2.52 - $6.98

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	132,892	$1,527	$13.40	$10.47 - $17.05
Q3 2025	81,643	$932	$7.64	$4.24 - $12.06
Q2 2025	42,727	$187	$3.42	$2.06 - $4.65
Q1 2025	389,900	$1,064	$4.46	$2.52 - $6.98