---
schema_version: "secwatch.filing_event.v1"
accession: "0001083301-25-000013"
form_type: "8-K"
ticker: "WULF"
cik: "0001083301"
company_name: "TERAWULF INC."
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-25T22:35:36.107744+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TeraWulf reports FY2024 revenue up 102% to $140.1M; HPC hosting deals expected $1B cumulative revenue

## Summary
- Full year 2024 revenue $140.1M (+102% YoY); non-GAAP adjusted EBITDA $60.4M (+89% YoY).
- Self-mining hash rate expanded to 9.7 EH/s at year-end, up 94% from 5.0 EH/s.
- Signed long-term HPC hosting lease with Core42 for 72.5 MW at Lake Mariner; option for additional 135 MW.
- Issued $500M 2.75% convertible notes due 2030; repaid legacy term loan.
- Authorized $200M share buyback; executed over $150M in repurchases to date.

## SEC filing metadata
- accession: 0001083301-25-000013
- form_type: 8-K
- ticker: WULF
- cik: 0001083301
- company_name: TERAWULF INC.
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083301/000108330125000013/0001083301-25-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083301/000108330125000013/wulf-20250228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001083301-25-000013
- JSON: https://secwatch.observer/filing/0001083301-25-000013.json
- Plain text: https://secwatch.observer/filing/0001083301-25-000013.txt

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