Mining equipment delivery commitment
Company: TeraWulf
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
Secured equipment supply agreements providing for delivery of an aggregate total of 58,000 miners between January 2022 and December 2022
Source (primary)
TeraWulf 424B5 filed 2022-04-12 (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 prospectus supplement states that TeraWulf secured Equipment Supply Agreements providing for delivery of an aggregate total of 58,000 miners between January 2022 and December 2022. It also notes the prices are estimates and delivery is subject to uncertain contractual provisions.
Confirmed in the source:
- TeraWulf secured equipment supply agreements (with Bitmain and Minerva)
- The agreements provide for delivery of an aggregate total of 58,000 miners
- Deliveries are scheduled between January 2022 and December 2022
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465922044794/tm2212158-1_424b5.htm) in full (259,095 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 424B5 filed 2022-04-12
Quote: “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”