Beartown Capital Management, LLC

Position in WULF — Terawulf Inc.

CIK 1877162 HUNTINGTON WOODS, MI

Back to WULF Full portfolio

Position in WULF

as of Mar 31, 2026 · filed May 14, 2026 Compact

Position Value

$22,727,250

-$252,750 QoQ

Shares Held

1,575,000

-21.2% QoQ

Ownership

0.318%

of shares outstanding

% of Portfolio

19.22%

of 13F equity value

Holder Rank

—

not a current holder

Holding Since

Dec 2025

2 quarters on record

Voting authority Sole 100.ToString("F0")% Shared 0.ToString("F0")% None 0.ToString("F0")%

Common Shares in WULF Over Time

Shares Held

Position Value (USD)

Derivatives in WULF

reported options exposure · as of Mar 31, 2026

CallValue

$7,215,000

CallShares

500,000

PutValue

PutShares

Notional value of option positions as reported on Form 13F. Calls and puts are disclosed separately and do not net against the common-share stake above.

Position in Capital Markets

Financial Services · as of Mar 31, 2026

Beartown Capital Management, LLC holds $45,284,050 across 4 Capital Markets names. WULF ranks #1 (50.2% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	WULF	Terawulf Inc. This page	1,575,000	$22,727,250
2	CLSK	Cleanspark, Inc.	1,550,000	$13,190,500
3	HUT	Hut 8 Corp.	180,000	$8,443,800
4	GLXY	Galaxy Digital Inc.	50,000	$922,500

All Filings in WULF

Export CSV

4 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$7,215,000	500,000	-68.3%	Call	Sole	2026-05-14
2026-03-31	$22,727,250	1,575,000	-21.2%	Shares	Sole	2026-05-14
2025-12-31	$22,980,000	2,000,000	+400.0%	Shares	Sole	2026-02-18
2025-12-31	$4,596,000	400,000	—	Call	Sole	2026-02-18
No filing history on record for this holder in this stock.