jain.com
The Analysis · Companies · People · Methodology

Equipment supply delivery commitments

Company: TeraWulf

This claim was marked delayed on October 9, 2026. Recorded automatically from the cited source when it was published, then queued for evidence review.

How this was decided: Automated extraction from the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
facility capacity
Statement date
2022-04-12
Promised by
2022-12-31
Promised amount
58000.0 units
Current status
delayed

What the later record shows

The date slipped · new target March 31, 2023

By December 2022 the company described its supply agreements as covering 44,450 miners through March 2023, down from 58,000 by December 2022. That is a later deadline and a smaller scope. No passage says 58,000 miners were delivered by the end of 2022.

“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 58,000 bitcoin mining units between January 2022 and December 2022

Source (primary)

TeraWulf 424B5 filed 2022-04-13 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “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 filing states that TeraWulf's equipment supply agreements provide for delivery of 58,000 miners between January and December 2022.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465922045550/tm2212158-3_424b5.htm) in full (258,880 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf 424B5 filed 2022-04-13

Quote: “Equipment Supply Agreements that provide for delivery of an aggregate total of 58,000 miners between January 2022 and December 2022”

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

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”

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

Record of changes

September 14, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 15, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.