NYDIG Execution bitcoin sales order execution agreement
Company: TeraWulf
The claim, verbatim
Digital Asset Execution Agreement with NYDIG Execution LLC to execute bitcoin sales orders as agent with proceeds deposited directly to company bank accounts
Source (primary)
TeraWulf S-3/A filed 2023-02-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On September 16, 2022, we entered into a Digital Asset Execution Agreement (the "Execution Agreement") with NYDIG Execution pursuant to which NYDIG Execution executes or arranges our bitcoin sales orders ("Orders") as our agent... NYDIG Execution deposits any cash from the sale of the Company's bitcoin directly into the Company's bank account at a U.S. depositary institution, less any applicable commissions, fees or costs.”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document establishes the agreement, the agency role for bitcoin sales, and direct deposit of proceeds to the company's bank account.
Confirmed in the source:
- TeraWulf entered a Digital Asset Execution Agreement with NYDIG Execution on September 16, 2022
- NYDIG Execution executes or arranges TeraWulf's bitcoin sales orders as agent
- Cash proceeds are deposited directly into TeraWulf's bank account at a U.S. depository institution
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330123000016/tmb-20230214xs3a.htm) in full (141,155 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf S-3/A filed 2023-02-14
Quote: “On September 16, 2022, we entered into a Digital Asset Execution Agreement (the "Execution Agreement") with NYDIG Execution pursuant to which NYDIG Execution executes or arranges our bitcoin sales orders ("Orders") as our agent... NYDIG Execution deposits any cash from the sale of the Company's bitcoin directly into the Company's bank account at a U.S. depositary institution, less any applicable commissions, fees or costs.”