Delivery of 58,000 mining units in 2022
Company: TeraWulf
What the later record shows
The date slipped · new target March 31, 2023
The 58,000 miners due between January and December 2022 were later restated as 44,450 miners due through March 2023. The commitment was both reduced and pushed out.
“Despite securing Equipment Supply Agreements that provide for delivery of an aggregate total of 44,450 miners between January 2022 and March 2023”
2022-12-11 · TeraWulf 424B5 filed 2022-12-12 View cached copy (2026-09-13)Live source ↗
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
Equipment supply agreements provide for delivery of aggregate total of 58,000 miners between January 2022 and December 2022
Source (primary)
TeraWulf 424B5 filed 2022-04-26 (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 58,000 miners between January 2022 and December 2022”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The risk factors section states that the Equipment Supply Agreements provide for delivery of 58,000 miners between January 2022 and December 2022, though it notes those agreements carry uncertain contractual provisions.
Confirmed in the source:
- TeraWulf's Equipment Supply Agreements (with Bitmain and Minerva) provide for delivery of an aggregate total of 58,000 miners
- The scheduled delivery window is January 2022 through December 2022
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465922049839/tm2212912-1_424b5.htm) in full (237,666 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 424B5 filed 2022-04-26
Quote: “Despite securing Equipment Supply Agreements that provide for delivery of an aggregate total of 58,000 miners between January 2022 and December 2022”
delays TeraWulf 424B5 filed 2022-12-12
Quote: “Despite securing Equipment Supply Agreements that provide for delivery of an aggregate total of 44,450 miners between January 2022 and March 2023”