Mining equipment supply agreements with Bitmain and MinerVA
Company: TeraWulf
The claim, verbatim
TeraWulf has executed equipment supply agreements providing for delivery of an aggregate total of 44,450 miners: one purchase agreement with MinerVA, four non-fixed price sales and purchase agreements with Bitmain, and five future sales and purchase agreements with Bitmain, with delivery between January 2022 and March 2023
Source (primary)
TeraWulf 10-K filed 2023-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “TeraWulf has executed an equipment purchase agreement with MinerVA, four non-fixed price sales and purchase agreements with Bitmain and five future sales and purchase agreements with Bitmain... providing for delivery of an aggregate total of 44,450 miners between January 2022 and March 2023”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
All counts, the aggregate 44,450 figure, and the delivery window appear in the risk factors section.
Confirmed in the source:
- TeraWulf executed one equipment purchase agreement with MinerVA
- TeraWulf executed four non-fixed price sales and purchase agreements with Bitmain
- TeraWulf executed five future sales and purchase agreements with Bitmain
- The agreements provide for delivery of an aggregate total of 44,450 miners
- Delivery scheduled between January 2022 and March 2023
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000155837023005301/wulf-20221231x10k.htm) in full (569,235 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 10-K filed 2023-03-31
Quote: “TeraWulf has executed an equipment purchase agreement with MinerVA, four non-fixed price sales and purchase agreements with Bitmain and five future sales and purchase agreements with Bitmain... providing for delivery of an aggregate total of 44,450 miners between January 2022 and March 2023”