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First 72.5 MW fully equity funded

Company: TeraWulf

Subject kind
financing
Statement date
2024-12-25
Current status
stated

The claim, verbatim

The first 72.5 MW (Wulf Den, CB-1, CB-2) was fully equity funded from the Nautilus sale proceeds and an October convertible financing. No additional financing is needed for it.

Source (primary)

terawulf 8-K exhibit (eh240572111_ex9901.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-22)Live source ↗

Quote: “we do not need any additional financing for this first 72.5 megawatts, again that was equity funded”

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 (eh240572111_ex9901.htm)

Quote: “we do not need any additional financing for this first 72.5 megawatts, again that was equity funded”

View cached copy (2026-10-22)Live source ↗