410-770-9500 (Name, Address and Telephone Number of Person . Mr. Fleury brings 22 years of finance experience, comprising of capital markets, principal investing, and advisory roles. All Rights Reserved. TeraWulf went public after it agreed in June to merge with Ikonics . from Yale Law School. After submitting your request, you will receive an activation email to the requested email address. The Company is nearing final stages of construction at its two mining sites and expects to have a total operational capacity of 49,000 miners (5.5 EH/s) in early Q2 2023, representing about 160 MW of power demand. She later served as a Deputy Attorney General for theDistrict of Columbiagovernment, representing the city's child welfare and mental health agencies. You can sign up for additional alert options at any time. Nuclear Bitcoin Mining at Terawulf Is Only One Piece of the Green Energy Intensive Bitcoin Mining: Can the Use of Renewables Answer Critics of Cryptocurrency? Before that, he was a Managing Director at Blackstones global credit platform, GSO Capital Partners. In the matter of just a few weeks, we raised what we plan to be the final funding needed to bridge the Company to self-sustaining operations, only a few months away. We efficiently procured miners to completely utilize our 160 MW of mining capacity with, Achieving our target of 49,000 operating miners (5.5 EH/s hash rate) in Q1 2023, Leveraging our blended power cost of $0.035/kWh, which is 30% lower than the industry, Optimizing our earnings power by executing on our recently announced, Expanding the suite of grid services that we offer to the market, Supporting a more collaborative approach to regulation and thoughtful calibration of the rules. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Mr. Farrell began his energy career at Siemens Energy and held positions of increasing responsibility within their Power System Sales organization in both generation and electric delivery across diverse verticals for over a decade. Paul Prager - CEO of TeraWulf Inc. - MD & NY Kerri Langlais is the Chief Strategy Officer for TeraWulf Inc., where she is responsible for the development and implementation of the Companys overall corporate strategy, business development, strategic partnerships, and growth initiatives. With a core focus on ESG that ties directly to its business success, TeraWulf expects to offer attractive mining economics at an industrial scale. Governance - Board of Directors - Person Details - Terawulf 2022 Terawulf. Before joining Semtech, Mr. Harrison held analyst positions with increasing levels of responsibility at Wunderlich Securities, Signal Hill Capital Group and Pacific Growth Equities. CEO of Terawulf Inc ( 30-Year Financial, Insider Trades) Paul B. Prager ( insider trades) bought 66,000 shares of WULF on 12/23/2021 at an average price of $12.85 a share. Why? Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. Enter TeraWulf, which believes it has a better way forward. "We believe the continued ramp of our proprietary mining capacity coupled with our industry-leading power costs distinguishes TeraWulf as one of the lowest cost Bitcoin miners in the sector," continued Prager. Read our most recent investor deck here. Mr. Deane brings more than 20 years of financial and operational experience in the power, high tech and public accounting sectors. Paul Prager to Lead TeraWulf Foundation for Social Health Sustainability Programs January 13, 2022 by Spy Desk Email TeraWulf today announced the formation of the TeraWulf Charitable Foundation, a private, philanthropic organization focused on funding and participating in social health, environmental and sustainability programs. I said that I was right alongside you as a shareholder and that I would continue to invest personally in TeraWulf. L'exploitation minire nuclaire de Bitcoin Terawulf n'est qu'une TeraWulf is led by an accomplished, diverse management team with 30+ years of experience in developing and managing energy infrastructure and disruptive technology. Kenneth Deane is the Chief Accounting Officer and Treasurer of TeraWulf Inc., where he is responsible for managing the Companys financial functions, including accounting, audit, internal control and treasury. Most recently, Mr. Carter served as Superintendent of theU.S. 22. Mr. Khan received a B.S. Meltem Demirors, Chief Strategy Officer . Read More WULF Stock News Headlines Paul Prager, Chairman & Chief Executive Officer of TeraWulf, said, "TeraWulf represents an exciting new paradigm for cryptocurrency mining, which is built on a significant strategic. Green bitcoin miner TeraWulf going public via reverse merger. Paul Prager is the Chief Executive Officer and the chair of the board of directors of TeraWulf. Lisa Pragerserves as General Counsel and Executive Vice President of the Agricultural Bank ofChinaNew YorkBranch. Per saperne di pi su come utilizziamo i tuoi dati personali, consulta la nostra Informativa sulla privacy e la nostra Informativa sui cookie. dvelopper et amliorer nos produits et services. You must click the activation link in order to complete your subscription. and a B.A. Sincerely, Paul Prager Chairman and Chief Executive Officer About TeraWulf TeraWulf (Nasdaq: WULF) owns. Paul B. Prager is the largest individual Terawulf shareholder, owning 25.05M shares representing 19.52% of the company. Sean Farrell is a Vice President of Operations for TeraWulf Inc., where he is responsible for coordinating and overseeing the companys data center operations and vertical integration strategy. Fleet of deployed miners reached approximately 18,000 with a hash rate capacity over 2.0 EH/s. Mr. Prager has extensive investment and entrepreneurial experience in international shipping, commodity trading and power generation. He graduated from the Navy Fighter Weapons School (Top Gun) inMiramar, California, and was commander for the Carrier Strike Group Twelve, in which he commanded 20 ships, two nuclear-powered aircraft carriers and two carrier air wings that were deployed toAfghanistanin the Arabian Gulf. TeraWulf Issues an Open Letter from Chairman and CEO Puoi modificare le tue scelte in qualsiasi momento cliccando sui link "Dashboard privacy" sui nostri siti e sulle nostre app. LinkedIn View on LinkedIn. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. The . Our industrial-scale mining facilities in New York and Pennsylvania will mine Bitcoin using cost-effective, zero-carbon energy. "TeraWulf made remarkable operational advancements in January as we continued to make significant progress towards expanding capacity at Lake Mariner with the addition of Building 2, and energization of the Nautilus Cryptomine facility, which will be the first behind the meter bitcoin mining facility utilizing low cost, zero-carbon nuclear power at scale in the U.S.," stated Paul Prager . At TeraWulf, we promise to treat your data with respect and will not share your information with any third party. He earned a B.A. As COO and CTO, Mr. Khan oversees the development and implementation of TeraWulfs day-to-day operations, including hardware procurement, site evaluation, infrastructure buildout and identification of future growth opportunities. Prior to BlockTower, Mr. Bucella spent nearly a decade with Goldman Sachs in a variety of roles. TeraWulf Inc. Joins the Bitcoin Mining Council | Markets Insider Her distinguished career in both nonprofit and government will help TeraWulf execute on its strategy of sustainable growth and community impact. Mr. Farrell holds a B.S. Mr. Harrison holds an MBA in Finance & Accounting from Loyola University and a B.A. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. New Executive Interview with TeraWulf CTO and COO Nazar Khan. We are prepared to demonstrate the importance of what we do and how we do it. Ms. Langlais brings more than 20 years of M&A, financing, strategy and power sector experience. TeraWulf (Nasdaq: WULF) owns and operates vertically integrated, environmentally clean Bitcoin mining facilities in the United States. As a nearly entirely zero-carbon miner, we believe we are strategically positioned relative to our peers in what will be an increasingly stringent regulatory environment. You must click the activation link in order to complete your subscription. He was an original Partner of GSO and a member of its Management Committee and Investment Committee. Ms. Langlais received her BA in Finance and graduated with honors from Boston College. Paul Prager, Chairman & Chief Executive Officer of TeraWulf, said, "TeraWulf represents an exciting new paradigm for cryptocurrency mining, which is built on a significant strategic. Nazar Khan is the Co-Founder, Chief Operating Officer, Chief Technology Officer, and Board Member of TeraWulf Inc. Mr. Khan brings tremendous experience in energy infrastructure and cryptocurrency mining and has led TeraWulfs business strategy since day one. I also want to address the confusion out there regarding the perceived sale of stock. The upcoming deliveries will fill the Companys 160 MW of mining capacity available in early Q2 2023 with 34,000 miners (110 MW) at its Lake Mariner facility and 15,000 miners (50 MW) at its Nautilus facility. from Duke University School of Law. Self-mined 125 Bitcoin in December 2022 for a total of 378 Bitcoin produced in Q4 2022, a 223% increase as compared to 117 Bitcoin produced in Q3 2022. Stock Market | Pittsburgh Post-Gazette Ms. Motz brings to the board of directors extensive leadership and public policy experience. Public News Releases - Talen Energy Investors Led by an experienced group of energy entrepreneurs, the Company is currently operating and/or completing construction of two mining facilities: Lake Mariner in New York, and Nautilus Cryptomine in Pennsylvania. | Privacy Policy, February 2023 Open Letter from TeraWulf Chairman and CEO Paul Prager, An Open Letter from TeraWulf Chairman and CEO Paul Prager. Bitcoin Miner TeraWulf to Merge With Nasdaq-Listed Ikonics Prior to TeraWulf, Mr. Prager has been the Founder and CEO at Beowulf Energy LLC and predecessor companies since 1990. He received his BSBA in economics from theUniversity of Arizona. Mr. Pincus brings substantial risk management, financial oversight and operational expertise to the board of directors. Prior to joining the bank, Ms. Prager was a partner in law firms where she focused on government investigations. Nous, Yahoo, faisons partie de la famille de marques Yahoo. TeraWulf Announces Beneficial Debt Modifications and Approximately $32 TeraWulf Announces January 2023 Production and Operations Updates He speaks with Guy Johnson and Alix . View source version on businesswire.com: https://www.businesswire.com/news/home/20230106005442/en/, Sandy Harrisonharrison@terawulf.com (410) 770-9500, https://www.businesswire.com/news/home/20230106005442/en/, Pot vote has Oklahoma hungry to rake in green from Texas, How Ron DeSantis misreads Corporate America, Tesla recalls 3,470 Model Y vehicles over loose bolts, 3 big things in investing you might have missed this week, UPDATE 1-North Korea says US causing international arms control collapse. Despite the turbulent backdrop, we remained steadfastly focused on building a scalable, vertically integrated Bitcoin mining company that uses low-cost, 91%+ zero-carbon energy. If you want to invest in a bitcoin mining company, come to TeraWulf. Prior to joining Beowulf, Ms. Fleischmann was a Senior Associate in the Mergers and Acquisitions Group at Paul, Weiss, Rifkind, Wharton & Garrison LLP, where she worked on a wide range of private and public M&A, joint venture, cross-border and financing transactions. The Company is scheduled to receive over 18,000 additional miners from Bitmain over the coming months. On March 1, 2023 (the "Fifth Amendment Effective Date"), TeraWulf Inc. (the "Company") entered into an amendment (the "Fifth Amendment") to its Loan, Guaranty and Security Agreement, dated as of December 1, 2021 (as amended, modified or supplemented from time to time, the "Loan Agreement"), by and . Co-Founder, and Chief Executive Officer of TeraWulf Inc. Successfully navigated extreme operating conditions during Winter Storm Elliot (the "Storm"), quickly returning to full output at the Storms close. Ms. Motz previously served on the University System ofMaryland BoardofRegentsfromJune 2014throughMarch 2015 and as a Deputy Chief of Staff to Maryland GovernorMartin O'Malley. Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. TeraWulf's Nuclear Bitcoin Plant Is Just One Piece of the Green Mining Reports are indicating that there were more than several insider trading activities at WULF starting from Prager Paul B., who purchase 317,259 shares at the price of $7.88 back on Apr 11. TeraWulf Retweeted. Paul Prager, Chief Executive Officer and chairman of the board of TeraWulf, will participate in the Bitcoin 2022 Conference to speak on the Building New Grids panel on April 8, 2022 at 12:45 p.m . Stock Market | FinancialContent Business Page Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Ms. Langlais also worked at Harvard University where she provided advisory to the Universitys overall financial strategy and planning. And if you dont want to invest in a bitcoin mining company, call us. As part of our recent and likely final capital raise, my co-founder and COO, Nazar Khan, and I purchased an additional $2.5 million of equity at the market price. Mr. Prager has extensive investment and entrepreneurial experience in international shipping, commodity trading and power generation. TeraWulf Announces Closing of $28 Million Underwritten Equity Offering and Over-Allotment Option. Jobs to stay in Duluth following sale of Ikonics ESG is at the core of TeraWulfs corporate strategy and ties directly to its business success, risk mitigation, and reputational value. TeraWulf Announces Proposed Public Offering of Common Stock . This has been our business for over 30 years. Insider Trading. TERAWULF Inc. (Name of Issuer) Common stock, par value $0.001 per share (Title of Class of Securities) 88080T 104 (CUSIP Number) Bayshore Capital LLC . Ms. Prager received a B.A. fromYale Universityand J.D. For the last 8 years, he served as Vice President of Investor Relations at Semtech Corporation, managing and growing the investor relations program. February 2023 Open Letter from TeraWulf Chairman and CEO Paul Prager . Kerri Langlais is the Chief Strategy Officer for TeraWulf Inc., where she is responsible for the development and implementation of the Companys overall corporate strategy, business development, strategic partnerships, and growth initiatives. Prior to Beowulf, Mr. Khan worked at Evercore Partners Inc. in both investment banking and private equity. EASTON, Md., January 09, 2023--(BUSINESS WIRE)--Today TeraWulf Inc. (Nasdaq: WULF) ("TeraWulf" or the "Company"), which owns and operates vertically integrated, domestic Bitcoin mining facilities powered by more than 91% zero-carbon energy, provided an unaudited monthly production and operations update for December 2022. After submitting your request, you will receive an activation email to the requested email address. TeraWulf (@TeraWulfInc) / Twitter Nazar Khan is the Co-Founder, Chief Operating Officer, Chief Technology Officer, and Board Member of TeraWulf Inc. Mr. Khan brings tremendous experience in energy infrastructure and cryptocurrency mining and has led TeraWulfs business strategy since day one. As we transition into 2023 and strive to execute our plan and pursue growth, we will operate with several clear priorities: So, I will close where I started with a sincere thank you. Because our confidence in TeraWulf is stronger than ever as we build upon, and begin to realize, our distinguishing advantages. Co-Founder, and Chief Executive Officer of TeraWulf Inc. in Mechanical Engineering with a certificate in Biomedical Engineering from the University of Colorado Boulder. Path to Positive Cash Flow from Operations in 2023 and Beyond. TeraWulf's Prager on cryptocurrency market. Mr. Prager has extensive investment and entrepreneurial experience in international shipping, commodity trading and power generation. | Privacy Policy, February 2023 Open Letter from TeraWulf Chairman and CEO Paul Prager, An Open Letter from TeraWulf Chairman and CEO Paul Prager. Marathon Patent Group Company Contact: Jason Assad Telephone: 678-570-6791 Paul Prager, chairman and CEO of TeraWulf, will hold the same positions in the new company. Prior to Beowulf, Mr. Khan worked at Evercore Partners Inc. in both investment banking and private equity. in Industrial Psychology & History from Washington & Lee University. Mr. Khan previously served as Executive Vice President of Beowulf Energy LLC for nearly 20 years, where he led the firms acquisition and development efforts. . Ms. Motz graduated summa cum laude fromDartmouth Collegewith a B.A. "TeraWulf's ability to raise private capital underscores the attractiveness of bringing a new paradigm for cryptocurrency mining to the public markets," CEO Paul Prager said in a statement. The company was founded on February 8, 2021 and is headquartered in Easton, MD. Prior to NovaWulf, Mr. New was the Head of Onex Credit, a leading asset manager with more than $23 billion of assets under management. Before Beowulf, Ms. Langlais spent nearly a decade in the Investment Banking Division at Goldman Sachs, where she was most recently in the Natural Resources advisory group in New York. TeraWulf does not assume any obligation to publicly update any forward-looking statement after it was made, whether as a result of new information, future events or otherwise, except as required by law or regulation. TeraWulf Inc. is a digital asset technology company, which is engaged in the business of sustainable bitcoin mining. Prager Paul B. C/O TERAWULF INC. 9 FEDERAL STREET EASTON, MD 21601 X X Chief Executive Officer Signatures /s/ Paul B. Prager 3/1/2023 HYPERLINK "" \l "**Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. . Mr. Deane brings more than 20 years of financial and operational experience in the power, high tech and public accounting sectors. He holds a B.S. Mr. Fleury brings 22 years of finance experience, comprising of capital markets, principal investing, and advisory roles. Mr. Fleury received a BA, magna cum laude, in Economics and Government & Legal Studies from Bowdoin College. Co-Founder, Chairman & Chief Executive Officer, Co-Founder, Chief Operating Officer & Chief Technology Officer. Co-Founder, Chief Operating Officer & Chief Technology Officer. Bitcoin miners want to recast themselves as eco-friendly Management Investment: today, TeraWulf also announced that its co-founders, Paul Prager, Chief Executive Officer, and Nazar Khan, Chief Operating Officer, purchased $2.5 million in a private . Ms. Prager brings broad legal, compliance, and regulatory expertise to the TeraWulf board of directors. After several weeks of constructive dialogue with our lenders, we have reached an agreement on modifying the terms of our debt to eliminate near-term amortization and thereby optimize TeraWulfs financial flexibility through market cycles. By providing your email address below, you are providing consent to TeraWulf to send you the requested Investor Email Alert updates. Mr. What is Paul B. All Rights Reserved. TeraWulf, Inc. owns and operates fully integrated environmentally clean bitcoin mining facilities in the United States. Most recently, Mr. Fleury served as a founding member of the credit team at Platinum Equity, where he was responsible for public and private credit investments. in Mechanical Engineering with a certificate in Biomedical Engineering from the University of Colorado Boulder. TeraWulf Announces Amendments to its Nautilus Joint Venture Agreement
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