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$200M share repurchase program

Company: TeraWulf

Subject kind
financing
Statement date
2024-10-22
Promised amount
200000000.0 USD
Event date
2024-10-22
Current status
stated

What the later record shows

Not a promise: a reported event · happened October 22, 2024

The claim reports a board authorization that had already happened, and the program caps repurchases at 'up to' $200 million rather than committing to a fixed amount. The Q1 2025 capital allocation chart includes a share repurchases line, which shows the program was being used.

“Free Cash Flow Core42 Pre-Pay HPC Hosting Capacity (1) Share Repurchases Miner Buildings & ASICS Site Electrical (2) B/S Cash at 3/31/25”
2025-05-08 · terawulf 8-K exhibit (wulfq12025investorpresvf.htm) View cached copy (2026-10-15)Live source ↗

Checked October 25, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

TeraWulf's Board approved a share repurchase program authorizing the company to repurchase up to $200 million of its outstanding common stock through December 31, 2025, funded with excess cash.

Source (primary)

terawulf 8-K exhibit (eh240548166_ex9901.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗

Quote: “its Board of Directors approved a share repurchase program authorizing the Company to repurchase up to $200 million of the Company’s outstanding shares of common stock through December 31, 2025”

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 (eh240548166_ex9901.htm)

Quote: “its Board of Directors approved a share repurchase program authorizing the Company to repurchase up to $200 million of the Company’s outstanding shares of common stock through December 31, 2025”

View cached copy (2026-10-25)Live source ↗

Record of changes

October 25, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 25, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.