SLNH vs WULF
SLNH: Renewable energy data center operator monetizing curtailed power through Bitcoin mining, hosting, and AI/HPC infrastructure under a proprietary software optimization platform. WULF: TeraWulf builds and operates utility-scale HPC data centers powered by long-duration energy resources, transitioning from bitcoin mining to serve hyperscale AI and cloud workloads with 25-year contracted capacity.
Side-by-side fundamentals
| Metric | SLNH | WULF | Edge |
|---|---|---|---|
| Price as of 2026-07-22 close | $1.30 | $19.49 | |
| Market cap as of 2026-07-23 | $205M | $9.3B | |
| PEG as of 2026-07-23 | n/a | -0.02 | |
| Net margin as of 2026-07-23 | -190.9% | -611.5% | SLNH higher |
| Gross margin as of 2026-07-23 | +21.7% | +64.0% | WULF higher |
| Operating margin as of 2026-07-23 | -99.5% | -171.8% | SLNH higher |
| ROE as of 2026-07-23 | -145.6% | -361.2% | SLNH higher |
| ROA as of 2026-07-23 | -40.7% | -24.3% | WULF higher |
| Debt / equity as of 2026-07-23 | 0.59 | 36.82 | SLNH lower |
| Revenue growth (YoY) as of 2026-07-23 | +5.6% | +27.3% | WULF higher |
| Revenue CAGR (3y) SEC XBRL | n/a | +56.0% | |
| Dividend streak (yrs) SEC XBRL | n/a | 0 | |
| Beta as of 2026-07-23 | 5.02 | 3.76 | |
| 1-year return as of 2026-07-22 close | +103.1% | +270.5% | WULF higher |
Fundamentals: Finnhub, as of 2026-07-23. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-22.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.