Nautilus nuclear power supply contract with fixed rate
Company: TeraWulf - Project: Nautilus
The claim, verbatim
Nautilus Cryptomine Facility receives nuclear power from Susquehanna Station at fixed cost of $0.02 per kilowatt-hour over five-year term with two successive three-year renewal options.
Source (primary)
TeraWulf 10-K filed 2023-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Nautilus Cryptomine Facility receives nuclear power directly from a substation connected to the Susquehanna Station's electrical generators, which is contractually priced at a fixed cost of $0.02 per kilowatt-hour over a five-year term with two successive three-year renewal options.”
How we checked this
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Additional evidence
confirms TeraWulf 10-K filed 2023-03-31
Quote: “The Nautilus Cryptomine Facility receives nuclear power directly from a substation connected to the Susquehanna Station's electrical generators, which is contractually priced at a fixed cost of $0.02 per kilowatt-hour over a five-year term with two successive three-year renewal options.”