2025 Fixed Operating Cost Guidance
Company: TeraWulf
What the later record shows
Outcome not yet confirmed
No passage reports actual 2025 fixed operating costs. The later deck gives only 2026 guidance.
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
TeraWulf projects fixed operating costs of $84-94 million for 2025
Source (primary)
Q2 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “Projected Fixed Operating Cost Range of $84–$94 million 2025E”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The updated 2025E guidance projects total fixed operating costs of $84–94 million, up from prior guidance of $74–84 million.
Confirmed in the source:
- TeraWulf projects 2025 fixed operating costs of $84-94 million
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23302/pdf/WULF_Q2_2025_Investor_Update_%28Aug_2025%29vF.pdf) in full (17,599 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q2 Earnings Update Presentation
Quote: “Projected Fixed Operating Cost Range of $84–$94 million 2025E”