Minerva MV7 miners supply agreement
Company: TeraWulf
The claim, verbatim
Executed equipment purchase agreement with Minerva for 30,000 MV7 miners for approximately $118.5 million
Source (primary)
TeraWulf 10-K filed 2022-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “executed the equipment purchase agreement (the "Minerva Agreement") with Minerva to purchase 30,000 MV7 miners with hash rate of 100 Th/s (plus or minus 5%) and a power consumption of 3,400 W/miner (plus or minus 10%)...for an aggregate purchase price of approximately $118.5”
How we checked this
Checked on September 22, 2026. The cited source supports every part of this claim.
The Minerva Agreement section and Note 10 confirm 30,000 MV7 miners for approximately $118.5 million.
Confirmed in the source:
- TeraWulf executed the Minerva Agreement to purchase 30,000 MV7 miners
- Aggregate purchase price of approximately $118.5 million
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465922041168/wulf-20211231x10k.htm) in full (353,283 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 10-K filed 2022-03-31
Quote: “executed the equipment purchase agreement (the "Minerva Agreement") with Minerva to purchase 30,000 MV7 miners with hash rate of 100 Th/s (plus or minus 5%) and a power consumption of 3,400 W/miner (plus or minus 10%)...for an aggregate purchase price of approximately $118.5”