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Filing Flows › Terawulf (WULF) › Takeover & LBO

Is Terawulf (WULF) a takeover target?

A leveraged buyout does not work for Terawulf on its latest figures: the figures a buyout model needs (revenue, EBITDA, the share count and the price) are not all on file. Historically 5.6% of companies with its figures were bought within a year (1.12× the average). Latest signal (2026-11-06): TeraWulf Reports Third Quarter 2026 Results.

Why a leveraged buyout does not fit

The buyout model needs Terawulf's revenue, EBITDA, share count and share price; not all of them are on file, so it gives no buyout price.

What a takeover could cost

Takeovers in its sector paid a median premium of 14.9% over the share price before the deal (the middle half 9.5% to 33.6%), according to the 17 merger proxies and tender-offer responses on EDGAR that state a premium.

The odds, from history

Historically 5.6% of companies with its figures were bought within a year (1.12× the average). Its figures put it in decile 7 of 10 (10 = the most likely to be bought). The odds come from a model of every merger proxy, tender-offer response and going-private statement filed on EDGAR since 2011, set against each company's size, margins, debt, cash flow and growth the year before.

Rumors and deal signals

Terawulf's latest quarter

Terawulf, Q3 2026: revenue $76.2M (+51% year over year), operating margin -115.7%, net earnings $710M, operating cash flow −$24.6M. The chart follows the revenue to costs, profit and cash.

Questions

Is Terawulf being acquired?

The latest signal on file is from 2026-11-06: TeraWulf Reports Third Quarter 2026 Results. A headline is not a deal; Filing Flows lists the news, 8-K filings and 13D filings about a sale.

Could private equity buy Terawulf?

A leveraged buyout does not work for Terawulf on its latest figures: the figures a buyout model needs (revenue, EBITDA, the share count and the price) are not all on file. The model gives no buyout price until they are.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.