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Estimated HPC revenue prepayment

Company: TeraWulf

Subject kind
customer
Statement date
2024-10-03
Promised by
2025-12-31
Promised amount
1500000.0 USD/MW
Current status
outcome unconfirmed

What the later record shows

Outcome not yet confirmed

The only relevant passage restates the prepayment assumption, which is not delivery. No passage says whether a 12-month prepayment at $1.5M per MW was received.

“Estimated HPC Revenue Prepay assumes 1.25 average annual PUE and 12-month revenue prepay for 2.5 MW Wulf Den, 20 MW CB-1 and 50 MW CB-2 at $1.5M per MW.”
2024-11-11 · terawulf 8-K exhibit (wulfq32024investorpres11.htm) View cached copy (2026-10-25)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's 2025 capital allocation estimate assumes a 12-month HPC revenue prepayment for 20 MW CB-1 and 50 MW CB-2 at $1.5 million per MW.

Source (primary)

Nautilus Sale Announcement (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-11-05)Live source ↗Archive.org ↗

Quote: “Estimated HPC Revenue Prepay assumes 12-month prepay for 20 MW CB-1 and 50 MW CB-2 at $1.5M per MW.”

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 Nautilus Sale Announcement

Quote: “Estimated HPC Revenue Prepay assumes 12-month prepay for 20 MW CB-1 and 50 MW CB-2 at $1.5M per MW.”

View cached copy (2026-11-05)Live source ↗Archive.org ↗

Record of changes

November 5, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 5, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.