secwatch.observer — SEC 8-K summary
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Issuer:     TERAWULF INC. (WULF)
CIK:        0001083301
Form:       8-K
Filed at:   2026-05-08T23:59:59+00:00
Accession:  0001083301-26-000083
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TeraWulf Q1 2026 revenue $34M, HPC lease revenue $21M; 60 MW HPC capacity operational
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- Q1 2026 revenue of $34.0M including $21.0M from HPC leases; cash & restricted cash ~$3.1B.
- 60 MW critical IT capacity energized for Core42 at Lake Mariner; CB-3 nearing completion.
- Acquired Hawesville, KY site with 480 MW grid-connected power; Abernathy JV delivery targeted Q4 2026.
- Closed $250M revolving credit facility to fund development pipeline.
- Lake Hawkeye (150 MW Phase I) and Chesapeake Data (210 MW, up to 1 GW) in development.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083301/000108330126000083/0001083301-26-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083301/000108330126000083/wulf-20260508.htm
  HTML page:      https://secwatch.observer/filing/0001083301-26-000083

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