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Nautilus Cryptomine fixed power pricing

Company: TeraWulf

Subject kind
guidance
Statement date
2023-03-30
Promised amount
0.02 USD/kWh
Current status
stated

The claim, verbatim

Nautilus receives nuclear power at fixed contractual cost of $0.02 per kilowatt-hour for 5-year term with two successive 3-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

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

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”

View cached copy (2026-09-13)Live source ↗