TeraWulf competitors
As of 2026-10-09, TeraWulf's closest competitors in Data Center Operators (Colo) are NTT, American Tower and Iron Mountain. wafergraph tracks 37 companies in Data Center Operators (Colo); TeraWulf is positioned as a market niche there with a market cap of $6.8B, and the largest competitor by market cap is NTT at $88.4B.
Data as of 2026-10-09 · peers = companies sharing TeraWulf's primary Data Center Operators (Colo) segment in the wafergraph taxonomy · ordered by market position, then market cap
Who competes with TeraWulf
| Competitor | Position | Country | Market cap | Revenue | Compare |
|---|---|---|---|---|---|
| NTT | major | Japan | $88.4B | $7.3B | TeraWulf vs NTT |
| American Tower | major | United States | $77.7B | $10.6B | TeraWulf vs American Tower |
| Iron Mountain | major | United States | $33.6B | $6.9B | TeraWulf vs Iron Mountain |
| NEXTDC | major | Australia | $5.5B | $345M | TeraWulf vs NEXTDC |
| Core Scientific | major | United States | $4.9B | $319M | TeraWulf vs Core Scientific |
| DigitalBridge | major | United States | $3.0B | $94M | TeraWulf vs DigitalBridge |
| AirTrunk | major | Australia | Unpriced | — | — |
| Aligned Data Centers | major | United States | Unpriced | — | — |
| Chindata Group | major | China | Unpriced | — | — |
| Compass Datacenters | major | United States | Unpriced | — | — |
| CoreSite | major | United States | Unpriced | — | — |
| CyrusOne | major | United States | Unpriced | — | — |
| EdgeConneX | major | United States | Unpriced | — | — |
| QTS Data Centers | major | United States | Unpriced | — | — |
| STACK Infrastructure | major | United States | Unpriced | — | — |
| Switch | major | United States | Unpriced | — | — |
| Vantage Data Centers | major | United States | Unpriced | — | — |
| IREN | challenger | Australia | $14.1B | $707M | TeraWulf vs IREN |
| Applied Digital | challenger | United States | $7.1B | $611M | TeraWulf vs Applied Digital |
| Hut 8 | niche | United States | $9.8B | $235M | TeraWulf vs Hut 8 |
| Cipher Mining | niche | United States | $5.6B | $224M | TeraWulf vs Cipher Mining |
| Keppel DC REIT | niche | Singapore | $4.6B | $345M | TeraWulf vs Keppel DC REIT |
| 21Vianet | niche | China | $1.5B | $544M | TeraWulf vs 21Vianet |
| Sify Technologies | niche | India | $920M | $466M | TeraWulf vs Sify Technologies |
| HIVE Digital Technologies | niche | Canada | $700M | $298M | TeraWulf vs HIVE Digital Technologies |
11 more Data Center Operators (Colo) companies are listed on the segment page.
Suppliers TeraWulf shares with its competitors
A supplier shared across rivals is a segment-level chokepoint: if it fails, the whole peer group feels it at once.
Customers TeraWulf shares with its competitors
Frequently asked questions3
- Who are TeraWulf's competitors?
- TeraWulf's closest competitors in Data Center Operators (Colo) are NTT, American Tower and Iron Mountain; wafergraph tracks 36 rivals in that segment.
- Who is TeraWulf's largest competitor?
- NTT is the largest Data Center Operators (Colo) competitor by market cap ($88.4B).
- How many companies compete in Data Center Operators (Colo)?
- wafergraph tracks 37 companies in Data Center Operators (Colo), including TeraWulf.
Cite as: wafergraph, “TeraWulf competitors — 36 rivals in Data Center Operators (Colo), compared”, https://wafergraph.com/competitors/terawulf (data as of 2026-10-09).
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