Working capital deficiency and capital requirements
Company: TeraWulf
The claim, verbatim
TeraWulf had a working capital deficiency of $111.9 million as of December 31, 2022 and will require additional capital in the future to support operations and expand business
Source (primary)
TeraWulf 10-K filed 2023-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “TeraWulf had a working capital deficiency of $111.9 million as of December 31, 2022... TeraWulf will require additional capital in the future to support its operations”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
Both the deficiency figure and the future capital need are stated verbatim.
Confirmed in the source:
- TeraWulf had a working capital deficiency of $111.9 million as of December 31, 2022
- TeraWulf will require additional capital in the future to support operations and expand its business
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 had a working capital deficiency of $111.9 million as of December 31, 2022... TeraWulf will require additional capital in the future to support its operations”