On January 8, 2024, TeraWulf Inc., a Delaware-incorporated company listed on the Nasdaq Stock Market under the symbol WULF, filed a Form 8-K with the SEC to report multiple significant corporate events. Firstly, TeraWulf's subsidiary, TeraLease LLC, entered into a new agreement with Bitmain Technologies Delaware Limited, updating the payment and delivery schedule for the purchase of 15,138 S19j XP miners, with an option for an additional 3,362 miners. This Supplemental Agreement II replaces the previous agreement dated December 26, 2023, and supplements the original purchase agreement from July 14, 2023. Secondly, TeraWulf announced the appointment of Christopher Allen Jarvis and Amanda Fabiano as independent directors to its board, effective January 12, 2024. Jarvis brings extensive cybersecurity experience from his career in the U.S. Intelligence Community and Lockheed...Show More

On January 8, 2024, TeraWulf Inc., a Delaware-incorporated company listed on the Nasdaq Stock Market under the symbol WULF, filed a Form 8-K with the SEC to report multiple significant corporate events. Firstly, TeraWulf's subsidiary, TeraLease LLC, entered into a new agreement with Bitmain Technologies Delaware Limited, updating the payment and delivery schedule for the purchase of 15,138 S19j XP miners, with an option for an additional 3,362 miners. This Supplemental Agreement II replaces the previous agreement dated December 26, 2023, and supplements the original purchase agreement from July 14, 2023. Secondly, TeraWulf announced the appointment of Christopher Allen Jarvis and Amanda Fabiano as independent directors to its board, effective January 12, 2024. Jarvis brings extensive cybersecurity experience from his career in the U.S. Intelligence Community and Lockheed Martin, while Fabiano is known for her strategic and operational expertise in the bitcoin mining industry, having founded Fabiano Consulting and previously leading Galaxy Digital Holding's bitcoin mining business. These appointments follow the resignation of board member Jason New. TeraWulf operates environmentally clean Bitcoin mining facilities in the United States and aims to utilize 100% zero-carbon energy.