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Where the tokens are
Peers
13 of 14 have tokenized versionsFirst the companies classified under the same themes, most themes in common first; then the ones investors most often look at alongside WULF. A peer with a tokenized version links to its own page, where every issuer that wraps it is listed.
| Company | Shared themes | Market cap | P/E | P/S | EV/EBITDA | ROE | F-Score | Altman zone |
|---|---|---|---|---|---|---|---|---|
 WULFThis companyTeraWulf Inc. Common Stock | — | $7.44B | — | 45.0 | -35.8 | −1323.4% | 1/9 | distress |
 IRENTokenizedIREN Limited Ordinary Shares | Cryptocurrency Mining & StakingData Center REITs & Operators | $16.02B | — | 22.7 | 444.9 | −16.8% | 3/9 | distress |
 HUTTokenizedHut 8 Corp. Common Stock | Cryptocurrency Mining & StakingData Center REITs & Operators | $10.64B | — | 33.5 | -354.3 | −41.6% | 2/9 | safe |
 RIOTTokenizedRiot Platforms, Inc. Common Stock | Cryptocurrency Mining & StakingData Center REITs & Operators | $7.36B | — | 10.9 | -26.7 | −60.4% | 3/9 | grey |
 APLDTokenizedApplied Digital Corporation Common Stock | Cryptocurrency Mining & StakingData Center REITs & Operators | $7.23B | — | 12.5 | -79.2 | −14.1% | 4/9 | distress |
 CORZTokenizedCore Scientific, Inc. Common Stock | Cryptocurrency Mining & StakingData Center REITs & Operators | $5.25B | — | 11.9 | -62.2 | 57.0% | 3/9 | distress |
 CLSKTokenizedCLEANSPARK INC | Cryptocurrency Mining & StakingData Center REITs & Operators | $3.22B | — | 4.7 | -5.5 | −135.1% | 4/9 | distress |
 BTDRTokenizedBitdeer Technologies Group Class A Ordinary Shares | Cryptocurrency Mining & StakingData Center REITs & Operators | $2.92B | — | — | — | — | 3/9 | distress |
 SLNHSoluna Holdings, Inc. Common Stock | Cryptocurrency Mining & StakingData Center REITs & Operators | $259.27M | — | 6.2 | -5.2 | −58.7% | 2/9 | distress |
 NEETokenizedNextEra Energy, Inc. | Clean Energy Utilities | $159.26B | 17.1 | 5.5 | 17.8 | 16.3% | 6/9 | distress |
 EQIXTokenizedEquinix, Inc. Common Stock REIT | Data Center REITs & Operators | $99.89B | 65.2 | 10.2 | 27.2 | 10.7% | 5/9 | grey |
 SOTokenizedThe Southern Company | Clean Energy Utilities | $96.02B | 20.6 | 3.2 | 12.4 | 11.0% | 5/9 | distress |
 CEGTokenizedConstellation Energy Corporation Common Stock | Clean Energy Utilities | $91.74B | 26.5 | 2.9 | 14.0 | 10.8% | 7/9 | distress |
 DUKTokenizedDuke Energy Corporation | Clean Energy Utilities | $88.68B | 17.1 | 2.7 | 10.8 | 9.5% | 6/9 | distress |
 AMTTokenizedAmerican Tower Corporation | Data Center REITs & Operators | $75.05B | 22.1 | 6.9 | 15.9 | 91.4% | 5/9 | distress |
Figures describe TeraWulf shares, not any token. From theme classifications, Massive's related companies and the latest ratios and scores. Ratios are trailing, each as of its own latest filing. Peers are for comparison, not a list of alternatives to buy.