Q3-Q4 2025 Bitcoin production estimate
Company: TeraWulf
What the later record shows
The date slipped
Full-year 2025 production was 1,496 BTC against the 1,811 projected. With 857 BTC mined in the first half, H2 production was about 639 BTC against the 954 projected, so the target was not met by year-end.
“Total bitcoin mined (4) 485 699 857 1,750 Total value of bitcoin mined (3)”
2025-08-07 · TeraWulf 10-Q filed 2025-08-08 View cached copy (2026-08-31)Live source ↗
“Total bitcoin mined (3) 1,496 2,728 Total value of bitcoin mined (2) ($ in thousands) $ 151,556 $ 171,547”
2026-02-26 · TeraWulf 10-K filed 2026-02-27 View cached copy (2026-08-31)Live source ↗
Checked November 5, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
TeraWulf projects 954 BTC mined in Q3-Q4 2025, bringing full-year 2025 production to 1,811 BTC.
Source (primary)
Q2 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-11-05)Live source ↗
Quote: “Total BTC Mined 7.3 372 10.3 485 930 2.0% 18.0 10.5 954 930 2.0% 18.0 9.7 1,811”
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 Q2 Earnings Update Presentation
Quote: “Total BTC Mined 7.3 372 10.3 485 930 2.0% 18.0 10.5 954 930 2.0% 18.0 9.7 1,811”
delays TeraWulf 10-Q filed 2025-08-08
Quote: “Total bitcoin mined (4) 485 699 857 1,750 Total value of bitcoin mined (3)”
delays TeraWulf 10-K filed 2026-02-27
Quote: “Total bitcoin mined (3) 1,496 2,728 Total value of bitcoin mined (2) ($ in thousands) $ 151,556 $ 171,547”