Nautilus nuclear power supply contract terms
Company: TeraWulf - Project: Nautilus
The claim, verbatim
Nautilus has fixed-rate power contract at 2.0 cents per kWh for five years with two successive three-year renewal options
Source (primary)
TeraWulf S-3/A filed 2024-03-22 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “which is contracted at a fixed rate of 2.0 cents per kilowatt-hour ("kWh") for a term of five years with two successive three-year renewal options.”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document confirms the fixed rate, five-year term, and renewal options verbatim.
Confirmed in the source:
- The power is contracted at a fixed rate of 2.0 cents per kWh
- The contract term is five years with two successive three-year renewal options
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330124000079/terawulfincs-3a4tobefiled.htm) in full (100,343 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf S-3/A filed 2024-03-22
Quote: “which is contracted at a fixed rate of 2.0 cents per kilowatt-hour ("kWh") for a term of five years with two successive three-year renewal options.”