---
schema_version: "secwatch.filing_event.v1"
accession: "0001083301-24-000003"
form_type: "8-K"
ticker: "WULF"
cik: "0001083301"
company_name: "TERAWULF INC."
filed_at: "2024-01-02T23:59:59+00:00"
generated_at: "2026-06-07T05:03:40.940919+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TeraWulf amends Bitmain miner deal for 18,500 S19j XP units; director New resigns

## Summary
- TeraLease supplemental agreement with Bitmain covers up to 18,500 S19j XP miners.
- Updated payment and delivery schedule; all miners expected at Lake Mariner by Feb 1, 2024.
- Director Jason G. New resigns effective Dec 31, 2023 to join Lazard as Vice Chairman.
- Underlying miner purchase price unchanged from July 2023 agreement.

## SEC filing metadata
- accession: 0001083301-24-000003
- form_type: 8-K
- ticker: WULF
- cik: 0001083301
- company_name: TERAWULF INC.
- filed_at: 2024-01-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083301/000108330124000003/0001083301-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083301/000108330124000003/wulf-20231226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001083301-24-000003
- JSON: https://secwatch.observer/filing/0001083301-24-000003.json
- Plain text: https://secwatch.observer/filing/0001083301-24-000003.txt

## Key facts
- Executive change
  Jason G. New resigned as director at TERAWULF INC..
  - Action: resigned
  - Role: director
  source text: On December 29, 2023, Mr. Jason G. New notified TeraWulf of his resignation from his position as a member of the Company’s board of directors and all of its committees, effective December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083301/000108330124000003/0001083301-24-000003-index.htm
- Material Agreements
  TERAWULF INC. amended Supplemental Agreement with Bitmain Technologies Delaware Limited (effective 2023-12-26).
  - Action: amendment
  - Agreement: supply
  - Counterparty: Bitmain Technologies Delaware Limited
  - Effective: 2023-12-26
  source text: On December 26, 2023, TeraLease LLC (“ TeraLease ”), a subsidiary of TeraWulf Inc. (“ TeraWulf ” or the “ Company ”) entered into a supplemental agreement (the “ Supplemental Agreement ”) with Bitmain Technologies Delaware Limited (“ Bitmain ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083301/000108330124000003/0001083301-24-000003-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.