FY2024 total cost guidance $118.2M
Company: TeraWulf
What the later record shows
Outcome not yet confirmed
No passage gives a comparable FY2024 total cost. The partial data points (energy expense of $68.8M; nine-month SG&A of $38.3M) do not add up to a full-year total to compare with $118.2M.
“Total energy expense, net of expected demand response proceeds (4) ($ in thousands) $ 68,815 $ 29,006”
2025-03-02 · TeraWulf 10-K filed 2025-03-03 View cached copy (2026-08-31)Live source ↗
“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 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
2024 guidance projects total costs of $118.2 million. This includes $67.0 million in power at $0.035/kWh, $27.5 million SG&A, $13.5 million other opex, and $10.2 million interest expense.
Source (primary)
terawulf 8-K exhibit (wulf23resultsand24outloo.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-09)Live source ↗
Quote: “Total Cost $33,900 $25,149 $84,300 $36,780 $118,200”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The guidance table's Total 2024 column shows each of these amounts.
Confirmed in the source:
- 2024 guidance projects total costs of $118.2 million
- Power cost of $67.0 million, labeled at $0.035/kWh
- SG&A of $27.5 million
- Other opex of $13.5 million
- Interest expense of $10.2 million
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000108330124000053/wulf23resultsand24outloo.htm) in full (18,117 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (wulf23resultsand24outloo.htm)
Quote: “Total Cost $33,900 $25,149 $84,300 $36,780 $118,200”