Bitmain S21 Pro option exercise Q1 2025
Company: TeraWulf
What the later record shows
Delivered on time · happened March 31, 2025
S21 Pro miners owned rose from 12,900 at Dec 31, 2024 to 26,800 at Mar 31, 2025, an increase of about 13,900 units. That is consistent with the ~14.4k option purchase landing in Q1 2025, but no passage names the option exercise itself.
“Bitmain S21 8,300 Bitmain S21 Pro 12,900 62,000 As of December 31, 2024, our fleet of miners ranged in age”
2025-03-02 · TeraWulf 10-K filed 2025-03-03 View cached copy (2026-08-31)Live source ↗
“Bitmain S19k Pro 4,000 Bitmain S21 8,100 Bitmain S21 Pro 26,800 73,200 As of March 31, 2025, our fleet of miners”
2025-05-08 · TeraWulf 10-Q filed 2025-05-09 View cached copy (2026-08-31)Live source ↗
Checked October 18, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
TeraWulf plans to exercise an option to purchase 14.4k of the remaining 30k Bitmain S21 Pro miners in Q1 2025, after purchasing 7.4k in Q4 2024.
Source (primary)
terawulf 8-K exhibit (wulfq42024investorpresup.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗
Quote: “exercise of option to purchase 7.4k and 14.4k of the remaining 30k Bitmain S21 Pro miners under the purchase agreement option in Q4 2024 and Q1 2025, respectively”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms terawulf 8-K exhibit (wulfq42024investorpresup.htm)
Quote: “exercise of option to purchase 7.4k and 14.4k of the remaining 30k Bitmain S21 Pro miners under the purchase agreement option in Q4 2024 and Q1 2025, respectively”
confirms TeraWulf 10-K filed 2025-03-03
Quote: “Bitmain S21 8,300 Bitmain S21 Pro 12,900 62,000 As of December 31, 2024, our fleet of miners ranged in age”
confirms TeraWulf 10-Q filed 2025-05-09
Quote: “Bitmain S19k Pro 4,000 Bitmain S21 8,100 Bitmain S21 Pro 26,800 73,200 As of March 31, 2025, our fleet of miners”