FY2024 total cost $118.2M
Company: TeraWulf
What the later record shows
Outcome not yet confirmed
The passages give only pieces of the cost base: FY2024 mining energy expense of $68.8M and nine-month SG&A of $38.3M. No FY2024 total for power, SG&A, other opex and interest is stated to compare with $118.2M.
“Selling, general and administrative expenses (including related party expenses) for the nine months ended September 30, 2025 and 2024 were $81.1 million and $38.3 million”
2025-11-09 · TeraWulf 10-Q filed 2025-11-10 View cached copy (2026-08-31)Live source ↗
Checked November 8, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
TeraWulf's FY2024 guidance projects total costs of $118.2 million including power, SG&A, other opex and interest.
Source (primary)
terawulf 8-K exhibit (exhibit992-wulfmarch24in.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-08)Live source ↗
Quote: “Total Cost $33,900 $25,149 $84,300 $36,780 $118,200”
How we checked this
Checked on November 9, 2026. The cited source supports every part of this claim.
The FY 2024 Guidance table shows a full-year Total Cost of $118,200 thousand. It is built from power ($67.0M), SG&A ($27.5M), other opex ($13.5M) and interest ($10.2M), which sum to that total.
Confirmed in the source:
- TeraWulf's FY 2024 guidance projects total costs of $118.2 million ($118,200 thousand) for full-year 2024
- The total comprises power cost, SG&A, other operating expenses and interest expense
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000108330124000066/exhibit992-wulfmarch24in.htm) in full (13,743 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (exhibit992-wulfmarch24in.htm)
Quote: “Total Cost $33,900 $25,149 $84,300 $36,780 $118,200”