---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-043279"
form_type: "8-K"
ticker: "WULF"
cik: "0001083301"
company_name: "TERAWULF INC."
filed_at: "2026-04-14T23:59:59+00:00"
generated_at: "2026-05-15T06:17:58.643230+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TeraWulf reports preliminary Q1 rev $30-35M, launches $800M stock offering, secures $250M credit facility

## Summary
- Preliminary Q1 2026 revenue $30-35M, adjusted EBITDA $0-3M; >50% of revenue from HPC hosting.
- Announces $800M common stock offering (plus $120M underwriter option) to fund Kentucky data center and repay debt.
- Received allocations for a $250M senior secured revolving credit facility, maturing April 2030, to enhance liquidity.
- Cash and equivalents $3.1B, total debt $5.8B as of March 31, 2026; convertible notes $2.5B, senior secured notes $3.2B.
- Morgan Stanley lead bookrunner for offering and administrative agent for the credit facility.

## SEC filing metadata
- accession: 0001104659-26-043279
- form_type: 8-K
- ticker: WULF
- cik: 0001083301
- company_name: TERAWULF INC.
- filed_at: 2026-04-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083301/000110465926043279/0001104659-26-043279-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083301/000110465926043279/tm2611661d4_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-043279
- JSON: https://secwatch.observer/filing/0001104659-26-043279.json
- Plain text: https://secwatch.observer/filing/0001104659-26-043279.txt

## Key facts
- Earnings Releases
  TERAWULF INC. reported preliminary financial results for first quarter ended March 31, 2026.
  - Period: first quarter ended March 31, 2026
  - Result: preliminary results
  source text: On April 14, 2026, TeraWulf Inc. (“TeraWulf” or the “Company”) issued a press release announcing its preliminary financial results for the first quarter ended March 31, 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1083301/000110465926043279/0001104659-26-043279-index.htm

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