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Bitcoin mined Q2-Q4 2025 estimate

Company: TeraWulf

Subject kind
guidance
Statement date
2025-05-08
Promised by
2025-12-31
Promised amount
1529.0 BTC
Current status
outcome unconfirmed

What the later record shows

Partly delivered · happened December 31, 2025

FY2025 bitcoin mined was 1,496 against the 1,901 estimate. Q1 2025 was 372, so Q2-Q4 output was about 1,124 against the 1,529 estimate.

“Statistics LMD Bitcoin Mining Facilities and net share of the Nautilus Cryptomine Facility Total bitcoin mined (3) 1,496 2,728”
2026-02-26 · TeraWulf 10-K filed 2026-02-27 View cached copy (2026-08-31)Live source ↗
“Statistics Lake Mariner Data Campus Total bitcoin mined 168 372”
2026-05-07 · TeraWulf 10-Q filed 2026-05-08 View cached copy (2026-08-31)Live source ↗

Checked October 15, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

TeraWulf estimates mining 1,529 BTC in Q2-Q4 2025 (1,901 BTC for FY2025) at ~10.9 EH/s realized hash rate and $0.05/kWh power cost.

Source (primary)

terawulf 8-K exhibit (wulfq12025investorpresvf.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-15)Live source ↗

Quote: “Total Bitcoin Mined 372 1,529 1,901”

How we checked this

Checked on October 16, 2026. The cited source supports every part of this claim.

The unit economics table gives 1,529 BTC for Q2-Q4 2025E and 1,901 BTC for FY2025. It assumes a 10.9 EH/s realized hash rate and a $0.05/kWh power cost for Q2-Q4 2025.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000108330125000033/wulfq12025investorpresvf.htm) in full (23,509 characters, retrieved October 15, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms terawulf 8-K exhibit (wulfq12025investorpresvf.htm)

Quote: “Total Bitcoin Mined 372 1,529 1,901”

View cached copy (2026-10-15)Live source ↗

Record of changes

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