2024 power cost target of $0.035/kWh
Company: TeraWulf
What the later record shows
The date slipped
The 2024 10-K reports a cost per kWh of $0.043, and the May 2025 presentation states an all-in power cost of $0.043/kWh for 2024. Both are above the $0.035/kWh target, so the target was missed for the year.
“Cost per kWh $ 0.043 $ 0.032 Energy expense, net as % of value of bitcoin mined 40.1 % 29.3 %”
2025-03-02 · TeraWulf 10-K filed 2025-03-03 View cached copy (2026-08-31)Live source ↗
“All-in power cost of $0.032/kWh in 2023 ➢ All-in power cost of $0.043/kWh in 2024”
2025-05-08 · Investor Presentation View cached copy (2026-11-05)Live source ↗Archive.org ↗
Checked November 6, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
TeraWulf targets an all-in power cost of $0.035/kWh for 2024.
Source (primary)
terawulf 8-K exhibit (wulfinvestorpresentation.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-06)Live source ↗
Quote: “Target $0.035/kWh all-in power cost in 2024”
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 (wulfinvestorpresentation.htm)
Quote: “Target $0.035/kWh all-in power cost in 2024”
delays TeraWulf 10-K filed 2025-03-03
Quote: “Cost per kWh $ 0.043 $ 0.032 Energy expense, net as % of value of bitcoin mined 40.1 % 29.3 %”
delays Investor Presentation
Quote: “All-in power cost of $0.032/kWh in 2023 ➢ All-in power cost of $0.043/kWh in 2024”