secwatch.observer — SEC 8-K summary
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Issuer:     TERAWULF INC. (WULF)
CIK:        0001083301
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001558370-23-009705
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TeraWulf Q1 revenue $11.5M, self-mined 533 BTC, hashrate up 65% to 3.3 EH/s
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- Revenue increased 20% QoQ to $11.5M; self-mined 533 Bitcoin, up 38% from Q4 2022.
- Power cost per Bitcoin fell 21% to $8,429; total power cost $5.6M.
- Hashrate capacity reached 3.3 EH/s at March 31, 2023 (65% QoQ growth).
- Expects 5.5 EH/s (50k miners) in Q2 2023; Nautilus 50 MW nuclear-powered site fully energized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1083301/000155837023009705/0001558370-23-009705-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1083301/000155837023009705/wulf-20230515x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-009705

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer