TeraWulf signs $1B+ HPC hosting deal with Core42; Dec self-mined 158 BTC

TERAWULF INC.

Secured HPC data center leases with Core42 for >70 MW; revenue >$1B over 10-yr term; Core42 holds option for additional 135 MW in early 2026.
December 2024 self-mined 158 bitcoin; YTD total 2,728; Q4 2024 total 423; avg daily production ~5.1 BTC.
Installed self-mining capacity 9.7 EH/s (94% YoY increase); avg operating hash rate 8.4 EH/s in Dec.
Avg power cost $62,805/BTC (~$0.078/kWh); construction of 50 MW MB-5 on schedule for mid-Q1 2025.
Evaluating strategic site acquisitions beyond Lake Mariner's 750 MW potential to extend footprint.

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