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Terawulf (WULF) Shares Outstanding (Diluted Average) (2017 - 2025)

Terawulf's Shares Outstanding (Diluted Average) history spans 10 years, with the latest figure at $397.6 million for Q4 2025.

  • For Q4 2025, Shares Outstanding (Diluted Average) rose 13.18% year-over-year to $397.6 million; the TTM value through Dec 2025 reached $397.6 million, up 13.18%, while the annual FY2025 figure was $397.6 million, 13.18% up from the prior year.
  • Shares Outstanding (Diluted Average) for Q4 2025 was $397.6 million at Terawulf, up from $390.6 million in the prior quarter.
  • Across five years, Shares Outstanding (Diluted Average) topped out at $397.6 million in Q4 2025 and bottomed at $58.8 million in Q1 2021.
  • The 5-year median for Shares Outstanding (Diluted Average) is $204.6 million (2023), against an average of $236.1 million.
  • The largest annual shift saw Shares Outstanding (Diluted Average) skyrocketed 91.75% in 2024 before it rose 2.23% in 2025.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $89.3 million in 2021, then increased by 23.86% to $110.6 million in 2022, then soared by 89.77% to $210.0 million in 2023, then surged by 67.33% to $351.3 million in 2024, then rose by 13.18% to $397.6 million in 2025.
  • Per Business Quant, the three most recent readings for WULF's Shares Outstanding (Diluted Average) are $397.6 million (Q4 2025), $390.6 million (Q3 2025), and $386.9 million (Q2 2025).