Mining Equipment Delivery Commitment
Company: TeraWulf
What the later record shows
Outcome not yet confirmed
Later passages only restate the 44,450-miner agreements or give unrelated fleet counts. P29 says one Nautilus Bitmain agreement was concluded by end-2022, but no passage says the full 44,450 miners were received by March 2023.
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Contractually committed to receive 44,450 miners between January 2022 and March 2023 from Bitmain and MinerVA under Equipment Supply Agreements
Source (primary)
TeraWulf 10-K filed 2023-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Despite securing Equipment Supply Agreements that provide for delivery of an aggregate total of 44,450 miners between January 2022 and March 2023”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The risk factors state that the Bitmain and MinerVA supply agreements provide for delivery of 44,450 miners between January 2022 and March 2023. The filing also notes that these agreements carry uncertain terms and that several batches were cancelled.
Confirmed in the source:
- TeraWulf's Equipment Supply Agreements provide for delivery of an aggregate total of 44,450 miners
- The deliveries were scheduled between January 2022 and March 2023
- The Equipment Supply Agreements are the MinerVA agreement and the Bitmain agreements
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: “Despite securing Equipment Supply Agreements that provide for delivery of an aggregate total of 44,450 miners between January 2022 and March 2023”