jain.com

Q1 2025 bitcoin mining capacity target

Company: TeraWulf

Subject kind
guidance
Statement date
2024-10-03
Promised by
2025-03-31
Promised amount
13.1 EH/s
Current status
outcome unconfirmed

What the later record shows

Partly delivered

The May 2025 investor presentation puts the fleet at 12.2 EH/s as of March 31, 2025, short of the 13.1 EH/s Q1 2025 target. No passage says the remaining capacity was reached later.

“Current Fleet Total Capacity 26,800 8,000 31,000 65,800 6.3 EH 1.6 EH 4.4 EH 12.2 EH”
2025-05-08 · Investor Presentation View cached copy (2026-09-01)Live source ↗Archive.org ↗
“6.3 EH 1.6 EH 4.4 EH 12.2 EH Fleet Efficiency (2) 25.4 J/TH 18.0 J/TH 1Q 24 Current As of March 31, 2025”
2025-05-08 · Investor Presentation View cached copy (2026-09-01)Live source ↗Archive.org ↗

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

TeraWulf reiterates its Q1 2025 bitcoin mining capacity target of 13.1 EH/s.

Source (primary)

Nautilus Sale Announcement (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗

Quote: “WULF reiterates Q1 2025 bitcoin mining capacity target of 13.1 EH/s”

How we checked this

Checked on October 14, 2026. The cited source supports every part of this claim.

The transaction summary slide states this target directly.

Confirmed in the source:

What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23300/pdf/WULF_Nautilus_Sale_Announcement_Deck_%2810-03-24%29vF.pdf) in full (14,394 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Nautilus Sale Announcement

Quote: “WULF reiterates Q1 2025 bitcoin mining capacity target of 13.1 EH/s”

View cached copy (2026-10-06)Live source ↗

confirms Nautilus Sale Announcement

Quote: “WULF reiterates Q1 2025 bitcoin mining capacity target of 13.1 EH/s”

View cached copy (2026-10-13)Live source ↗Archive.org ↗

Record of changes

October 6, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 7, 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 — outcome unconfirmed
Review. statement_date 2026-10-06 was the source's retrieval date; source published 2024-10-03.