Fixed Operating Expenses Target 2025
Company: TeraWulf
What the later record shows
The date slipped
In August 2025 TeraWulf raised its 2025 fixed operating cost guidance from $74–84 million to $84–94 million. No passage reports the actual full-year total.
“Projected Fixed Operating Cost Range of $84 – $94 million 2025 Fixed Operating Cost Guidance Updated Guidance Prior Guidance”
2025-08-13 · terawulf 8-K exhibit (tm2523008d1_ex99-3.htm) View cached copy (2026-10-06)Live source ↗
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
Target annual fixed operating expenses in range of $74-$84 million for 2025
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Target Annual Fixed Operating Expenses: $74 - $84 million”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The 2025 cost guidance slide states target annual fixed operating expenses of $74-$84 million.
Confirmed in the source:
- Target annual fixed operating expenses are $74-$84 million
- The target is for 2025
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23301/pdf/WULF_Q1_2025_Investor_Pres_vF.pdf) in full (23,307 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “Target Annual Fixed Operating Expenses: $74 - $84 million”
delays terawulf 8-K exhibit (tm2523008d1_ex99-3.htm)
Quote: “Projected Fixed Operating Cost Range of $84 – $94 million 2025 Fixed Operating Cost Guidance Updated Guidance Prior Guidance”