Bucella Michael C.

Director Bucella purchased 1,665 shares of WULF at $15.04; 5th buy in 7 days amid $-455.0M net loss, 90-day return +20.6%

Bucella executed his fifth purchase of TERAWULF shares in seven consecutive calendar days (2026-03-09 through 2026-03-20), accumulating 1,665 shares on this date for $25,041.60, increasing his holdings to 280,052 shares (+0.6%). The buying pattern is notable: five discretionary open-market purchases within a compressed timeframe suggest sustained interest at depressed prices. Context adds complexity: the company reported net income of $-455.0M in its most recent period despite revenue of $50,578,000 and 20.3% year-over-year revenue growth, indicating significant unprofitability. Current price stands at $15.10, only 0.4% above the transaction price but -15.7% from the 52-week high; over 90 days, WULF has gained +20.6%, and over 30 days it has declined -1.8%. Bucella's cross-ticker insider track record shows 10 prior buys with an average 90-day return of +2.7% and a 50% win rate, but his same-ticker trades at WULF are too recent to evaluate. The rapid sequence of purchases into negative profitability warrants close attention to corporate strategy and cash burn rates.

Director Bucella purchased 4,835 shares at blended avg $15.57 in 3 separate buys over 3 days (Mar 17-19); holdings now 278,387 shares. Stock +25.7% (90d) but unprofitable firm.

Bucella, as a Director, executed three separate open-market purchases totaling 4,835 shares for $75,291.19 between 2026-03-17 and 2026-03-19 at prices ranging from $14.96 to $16.00—all near current price of $15.74. Over his cross-ticker track record, his 7 prior open-market buys averaged +4.3% return over 30 days and +2.7% over 90 days with a 50.00% win rate. At WULF specifically, he has accumulated 5 prior buys since 2026-03-04, all within the last two weeks and none yet measurable for outcome. The company is currently unprofitable (net income $-455.0M) despite 90-day stock appreciation of +25.7%, which suggests recent price momentum is driving sentiment rather than fundamental improvement. The rapid accumulation pattern—five trades in thirteen days culminating in this multi-transaction Form 4—coincides with stock momentum but occurs in the context of ongoing losses and a market cap of $6.7B on negative earnings.

Director Bucella buys 1,338 shares (1.3K) of TERAWULF at $14.91 amid 4 prior buys within 6 days

Bucella acquired 1,338 shares at $14.91 on 2026-03-11, extending a buying streak at WULF that includes four additional purchases between 2026-03-04 and 2026-03-09. This clustering of open-market buys within a narrow window—while the stock has declined 8.5% over the past 30 days and sits 18.1% below its 52-week high of $17.92—represents sustained accumulation despite recent price weakness. His cross-ticker track record shows 6 prior buys averaging +4.3% at 30 days, though at WULF specifically, his November 2025 buy returned +33.5% at 90 days while four more recent purchases remain unmeasurable. The company posted $50.6M in quarterly revenue with +20.3% annual growth, but reported a $-455.0M net loss for its most recent full fiscal year, indicating TERAWULF remains unprofitable despite revenue expansion. The pattern of consecutive purchases at a declining stock price warrants investor attention to understand whether this reflects conviction in a temporary dislocation or other motivations.

Director Bucella purchased 2,085 shares across 3 trades totaling $30,071.06 at blended avg $14.42; stock now $13.85, off 22.7% from 52-week high

Bucella Michael C., a director at TeraWulf, executed 3 separate purchases totaling 2,085 shares for $30,071.06 between March 5–9, 2026, at prices ranging from $13.31 to $15.31. His holdings grew modestly to 272,214 shares (+0.8% vs prior). The timing occurs in a weak price environment: the stock trades at $13.85, down 22.7% from its 52-week high and off 3.1% over the past 30 days. At TeraWulf specifically, his prior buy on 2025-11-13 delivered a +33.5% return at the 90-day mark, but his earlier buy on 2025-01-27 resulted in a -28.1% 90-day loss, indicating mixed historical success on this ticker. The company generated $50.6M in quarterly revenue with +20.3% annual growth, but remains unprofitable with a -$455.0M net loss over its most recent full fiscal year.

Director Bucella buys 3.2K WULF shares at $15.78; holdings reach 270.1K (+1.2%). Stock -14.2% from 52w high.

Director Michael C. Bucella purchased 3,171 shares of Terawulf at $15.78, expanding his position to 270,129 shares. The stock has recovered strongly over the past 30 days (+14.4%) but trades -14.2% below its 52-week high of $17.92, near current price of $15.37. Bucella's prior two trades at Terawulf showed mixed timing outcomes: his 2025-11-13 buy was well-timed (90d return +33.5%), while his 2025-01-27 buy underperformed (90d return -28.1%). The company reported revenue of $50,578,000.00 in the latest quarter with annual growth of +20.3%, but remains unprofitable with net income of $-455,050,000.00 over its most recent full fiscal year. This purchase occurs amid near-peak valuations by 52-week measure, following a recent rally.

Director Bucella buys 4,178 shares of WULF at $12.01; stock up 28% in 30 days but director's prior WULF trade was down 28.1% over 90 days.

Michael C. Bucella, a Director, purchased 4,178 shares at $12.01 on 2025-11-13, increasing his holdings to 266,958 shares (+1.6% vs pre-transaction). The stock has appreciated 28.0% over the past 30 days and 47.1% over 90 days, trading at $15.83 against a 52-week high of $16.10. However, Bucella's timing track record at WULF is unfavorable: his single prior buy at this ticker on 2025-01-27 resulted in a 90-day return of -28.1%, and his cross-ticker history shows zero wins (0% win rate on 1 prior buy, average 90-day return of -28.1%). While the recent price momentum is strong and the company has demonstrated 102.3% annual revenue growth, the company remains deeply unprofitable with a net loss of $-455.0M against quarterly revenue of $50.6M, and the director's demonstrated inability to time purchases at this ticker merits attention.

Director Bucella buys 4,796 shares of WULF at $4.17 (+$19,999.32); holds 205.6K shares post-transaction as stock down -45.9% from 52-week high.

Michael C. Bucella, a director, purchased 4,796 shares of Terawulf Inc. at $4.17, increasing his holdings from 200.8K shares to 205.6K shares. The transaction represents a modest expansion of his position during a period of significant stock weakness—the shares have declined -45.9% from their 52-week high of $8.82 and are down -15.7% over the past 30 days. The company itself is unprofitable, reporting net income of -$22.7M on revenue of $27.1M in the most recent quarter, though it has demonstrated strong annual revenue growth of +360.5%. The purchase occurs at a market price materially below recent peaks, but without disclosed trading-plan documentation, plan rationale, or evidence of prior directional trading success at this ticker, the transaction's strategic motivation remains opaque to investors.