Average annual contracted revenue
Company: TeraWulf
The claim, verbatim
Approximately $370 million average annual contracted revenue from the Fluidstack lease.
Source (primary)
Fluidstack Deal Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗
Quote: “~$370MM average annual contracted revenue”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The presentation announcing the Fluidstack lease cites ~$370MM average annual contracted revenue, consistent with ~$3.7Bn over the initial 10-year term.
Confirmed in the source:
- Average annual contracted revenue is approximately $370 million
- The revenue relates to the Fluidstack lease announced in the presentation
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23303/pdf/WULF_Fluidstack_Lease_Announcement_%28Aug_2025%29vF.pdf) in full (7,012 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Fluidstack Deal Presentation
Quote: “~$370MM average annual contracted revenue”
confirms Fluidstack Deal Presentation
Quote: “~$370MM average annual contracted revenue”