Attended United States Naval Academy. Puoi modificare le tue scelte in qualsiasi momento cliccando sui link "Dashboard privacy" sui nostri siti e sulle nostre app. With a core focus on ESG that ties directly to its business success, TeraWulf expects to offer attractive mining economics at an industrial scale. Mr. Harrison holds an MBA in Finance & Accounting from Loyola University and a B.A. Thats right, we bought at market while this transformational equity raise came at a modest discount to the market. He earned a B.A. Most recently, Mr. Carter served as Superintendent of theU.S. If you want to invest in a bitcoin mining company, come to TeraWulf. Enter TeraWulf, which believes it has a better way forward. I also want to address the confusion out there regarding the perceived sale of stock. Prior to TeraWulf, Mr. Prager has been the Founder and CEO at Beowulf Energy LLC and predecessor companies since 1990. TeraWulf went public after it agreed in June to merge with Ikonics . 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. You must click the activation link in order to complete your subscription. With over 40 years of experience, Mr. Pincus has extensive experience in the energy and high-tech sectors. Be assured that I am here with you and will continue to personally invest in TeraWulf. TeraWulf's Prager on cryptocurrency market. Forward-looking statements are based on the current expectations and beliefs of TeraWulfs management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects. If you experience any issues with this process, please contact us for further assistance. Ms. Prager brings broad legal, compliance, and regulatory expertise to the TeraWulf board of directors. Ms. Langlais received her BA in Finance and graduated with honors from Boston College. And in that short period, our team has accomplished key milestones that we believe will be foundational in achieving our . Today, I write in gratitude:. 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. 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. This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. An Open Letter from TeraWulf Chairman and CEO Paul Prager January 2023 This past year was a transformational year for TeraWulf and the crypto industry at large. Co-Founder, Chairman & Chief Executive Officer, Co-Founder, Chief Operating Officer & Chief Technology Officer. 2022 Terawulf. Before joining Heorot Power, Mr. Deane held positions of Chief Financial Officer, Vice President and Corporate Secretary at Isonics Corporation; Senior Finance Manager at Sun Microsystems, Inc.; and Audit Manager at Deloitte LLP. from Heidelberg University and an LL.M. 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. Ted Carter became the eighth president of theUniversity of NebraskainJanuary 2020after retiring as Vice Admiral following 38 years of service in the U.S.Navy. TeraWulf Announces Proposed Public Offering of Common Stock . The Company maintains its estimated average power cost of approximately $0.035/kWh across its portfolio. in Industrial Psychology & History from Washington & Lee University. It is led by energy entrepreneur Paul Prager and a seasoned team with many leadership positions held by women, including Chief Strategy . TeraWulf is led by an accomplished, diverse management team with 30+ years of experience in developing and managing energy infrastructure and disruptive technology. Mr. Harrison brings decades of experience in financial and marketing communications, equity research, financial analysis, and strategic planning. Prior to TeraWulf, Mr. Prager has been the Founder and CEO at Beowulf Energy LLC and predecessor companies since 1990. 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 . I said that I was right alongside you as a shareholder and that I would continue to invest personally in TeraWulf. Paul Prager, TeraWulf CEO and Founder, discusses crypto regulation and green mining. 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. One member, TeraWulf, has pledged to run cryptocurrency mines using more than 90 percent zero-carbon energy. The full text of the letter is below and available on the Company's website at www.terawulf.com: An Open Letter to Shareholders from TeraWulf Chairman and CEO Paul Prager February 2023 Dear. 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. Most recently, Ms. Langlais was an executive at Beowulf Energy LLC, a leading private energy infrastructure company, where she led the companys M&A and financing efforts. LinkedIn View on LinkedIn. Paul Prager is the Co-Founder and Chief Executive Officer of TeraWulf Inc, and the Chairman of the Board of Directors. in history and earned a J.D. TeraWulfs business is conducted by its employees and executive officers with oversight from a distinguished and diversified board of directors. And in that short period, our team has accomplished key milestones that we believe will be foundational in achieving our goal of being the preeminent miner producing bitcoin from zero-carbon energy resources at the lowest marginal cost in the sector. TeraWulf is an infrastructure-focused bitcoin mining company accelerating the transition to a zero-carbon future. Previously, Mr. New was a senior member of the Distressed Finance Group at Credit Suisse and Donaldson, Lufkin and Jenrette. 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. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Paul Prager is the Chairman, Co-Founder & CEO at TeraWulf. 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. She later served as a Deputy Attorney General for theDistrict of Columbiagovernment, representing the city's child welfare and mental health agencies. For the last 8 years, he served as Vice President of Investor Relations at Semtech Corporation, managing and growing the investor relations program. Prior to BlockTower, Mr. Bucella spent nearly a decade with Goldman Sachs in a variety of roles. Se non vuoi che noi e i nostri partner utilizziamo i cookie e i dati personali per questi scopi aggiuntivi, clicca su "Rifiuta tutto". Ms. Langlais brings more than 20 years of M&A, financing, strategy and power sector experience. 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. 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. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 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. Paul Prager, Chief Executive Officer, and Nazar Khan, Chief Operating Officer, purchased $2.5 million in a private placement at a market price of $1.05 . About 11,500 are proprietary miners with a hash rate capacity of approximately 1.4 EH/s. Today, I write in gratitude: proud of our accomplishments, inspired by our extraordinary employees, and confident in our strategy. We will remain laser-focused on scaling mining operations at our existing sites while opportunistically pursuing strategic opportunities in a financially responsible manner. Paul Prager "TeraWulf " BTC TeraWulf 100% BTC from Boston University and is admitted to practice law in New York and Germany. 2022 Terawulf. Mr. Khan received a B.S. Paul B. Prager is the largest individual Terawulf shareholder, owning 25.05M shares representing 19.52% of the company. Potential investors, stockholders and other readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. All Rights Reserved. Since the Storms departure, New York market prices have corrected to pre-December levels. Mr. Khan received a B.S. Thank you to all our investors, partners, and fellow WULFpack members for working with us to build the leading mining company. By providing your email address below, you are providing consent to TeraWulf to send you the requested Investor Email Alert updates. Terawulf met en place une usine minire alimente par l'nergie nuclaire appele Nautilus. You must click the activation link in order to complete your subscription. Why? Paul Weiss, Rifkind, Wharton & Garrison LLP is serving as legal advisor and Moelis & Company LLC acted as exclusive placement agent to TeraWulf in connection with the debt and equity financing.. In doing so, we believe that we will be able to generate increasing cash flow throughout the year, which will give us further financial leverage to scale our mining operations. TeraWulf Announces January 2023 Production and Operations Updates. mesurer votre utilisation de nos sites et applications. TeraWulf (Nasdaq: WULF) owns and operates vertically integrated, environmentally clean Bitcoin mining facilities in the United States. This past year, our management team invested over $15 million of our personal capital in the Company. 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. Mr. Carter's extensive leadership background brings a strong commitment to corporate ethics, values and business practices to the board of directors. Despite weather-related price volatility in December, the Company projects an average cost of power of approximately $0.035/kWh across its two sites. Ms. Langlais also worked at Harvard University where she provided advisory to the Universitys overall financial strategy and planning. He received his BSBA in economics from theUniversity of Arizona. Deployed fleet of 18,000 miners exceeding hash rate . "The language has absolutely changed." But financial priorities and technological barriers in the crypto mining industry, which includes more than a dozen publicly traded companies like Argo, are preventing a complete shift to renewable . Earlier in her career as an Assistant U.S. Attorney, Ms. Motz prosecuted homicide and domestic violence cases and argued appellate cases in federal and local courts. Steven Pincusserves as an Executive Vice President with global insurance companyWillis Towers Watsonand is the Global Head of Broking for the firm's FINEX business. 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. 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. At TeraWulf, we promise to treat your data with respect and will not share your information with any third party. Michael Bucella is a Partner and Global Head of Strategic Partnerships for BlockTower Capital, a leading institutional cryptocurrency investment firm bringing professional trading and portfolio management to an emerging digital asset class. Our industrial-scale mining facilities in New York and Pennsylvania will mine Bitcoin using cost-effective, zero-carbon energy. In addition, TeraWulf Inc. saw -0.84% in overturn over a single year, with a tendency to cut further losses. Terawulf aims to promote eco-friendly Bitcoin mining Terawulf advertised itself as a "leading sustainable Bitcoin mining firm" when it was founded in 2021 by Nazar Khan and Paul Prager, who. Mr. Farrell has over 12 years of energy experience in renewables, grid optimization, digitalization and storage cross-business solutions. Event Details Bitcoin Miami - LIVE Panel with TeraWulf CEO Paul Prager April 8, 2022 12:45 PM ET Tune into Bitcoin Miami's LIVE Mining Stage stream featuring TeraWulf's CEO, Paul Prager. Sandy Harrison is the Vice President of Investor Relations for TeraWulf Inc., where he is responsible for leading the companys investor relations program and furthering its environmental, sustainability and governance initiatives. An Open Letter from TeraWulf Chairman and CEO Paul Prager January 2023 This past year was a transformational year for TeraWulf and the crypto industry at large. "Our ability to secure this new capital, together with the near-term deployment of the S19 XP miners at Lake Mariner, is further indication of TeraWulf's continued momentum," said Paul Prager . and a B.A. Paul Prager is the Chairman of the Board of Directors. TeraWulf Announces Closing of $28 Million Underwritten Equity Offering and Over-Allotment Option. At TeraWulf, we promise to treat your data with respect and will not share your information with any third party. This past year was a transformational year for TeraWulf and the crypto industry at large. Co-Founder, Chairman & Chief Executive Officer. Paul B. Prager Chairman and Chief Executive Officer TeraWulf Inc. Ms. Fleischmann holds a J.D. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. The total cost of. TeraWulf. Gender Male. | Privacy Policy, February 2023 Open Letter from TeraWulf Chairman and CEO Paul Prager, An Open Letter from TeraWulf Chairman and CEO Paul Prager. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. 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. All Rights Reserved. Prior to Beowulf, Mr. Khan worked at Evercore Partners Inc. in both investment banking and private equity. New Executive Interview with TeraWulf CTO and COO Nazar Khan. Your trust and confidence in TeraWulf have helped us build a remarkable company. 2022 Terawulf. The approximate remaining 6,500 miners (0.7 EH/s) are operated pursuant to hosting arrangements where the Company receives a fee and participates financially in mining profits. in Mechanical Engineering with a certificate in Biomedical Engineering from the University of Colorado Boulder. Paul Prager, chairman and CEO of TeraWulf, will hold the same positions in the new company. TeraWulf Inc. WULF ("TeraWulf" or the . Most recently, Mr. Deane was an executive with Heorot Power Holdings LLC, an owner and operator of power generation assets. By providing your email address below, you are providing consent to TeraWulf to send you the requested Investor Email Alert updates. Successfully navigated extreme operating conditions during Winter Storm Elliot (the "Storm"), quickly returning to full output at the Storms close. Our operations team effectively maintained our mining operations and deployed additional miners at Lake Mariner during one of the harshest weather events to hit the region, while also supporting the grid during periods of extreme stress," stated Paul Prager, Co-founder and Chief Executive Officer of TeraWulf. And if you dont want to invest in a bitcoin mining company, call us. After submitting your request, you will receive an activation email to the requested email address. TeraWulf's Co-Founder and CEO, Paul Prager, commented, "The amendments to the Nautilus JV agreement enable TeraWulf to reduce our near-term capital obligations at the Nautilus Cryptomine . Read our most recent investor deck here. Terawulf (NASDAQ: WULF) is owned by 9.57% institutional shareholders, 79.43% Terawulf insiders, and 11.00% retail investors. What is Paul B. TeraWulf's Co-Founder and CEO, Paul Prager, commented, "The amendments to the Nautilus JV agreement enable TeraWulf to reduce our near-term capital obligations at the Nautilus Cryptomine . Paul Prager to Speak at the 2022 Bitcoin Conference February 22, 2022 Yahoo Finance Bitcoin mining as 'energy infrastructure': TeraWulf CEO details zero carbon emission operation December 14, 2021 New York Times A New Focus on Amazon Warehouses December 13, 2021 Seeking Alpha Gwyneth Paltrow invests in green bitcoin miner TeraWulf 12> Ms. Motz also taught as an adjunct professor at theUniversity of Maryland School of Law. TeraWulf Inc. is a digital asset technology company, which is engaged in the business of sustainable bitcoin mining. Location New York, New York, United States. 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. Mr. Pincus brings substantial risk management, financial oversight and operational expertise to the board of directors. Also Known As Paul B. Prager. This is HUGE. TeraWulf Announces Closing of $28 Million Underwritten Equity Offering and Over-Allotment Option. Paul Prager, Chairman & Chief Executive Officer of TeraWulf, said, "We are thrilled to join the Bitcoin Mining Council and are honored to support sustainable bitcoin mining. THE WOODLANDS, Texas, Aug. 3, 2021 /PRNewswire/ -- Talen Energy Corporation ("Talen" or "the Company") announced today that, as part of its strategic transformation to a renewable energy and digital infrastructure growth platform, it has entered into a Joint Venture with TeraWulf Inc. ("TeraWulf"), a U.S.-based bitcoin mining company, to develop up to 300 Megawatts of zero-carbon bitcoin . Webcast 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. You must click the activation link in order to complete your subscription. Co-Founder, Chairman & Chief Executive Officer. from WesternNew England UniversitySchool of Law. The Company is scheduled to receive over 18,000 additional miners from Bitmain over the coming months. Under his leadership, theU.S. Entry into a Material Definitive Agreement. Yahoo fa parte della famiglia di brand di Yahoo. Authorized to Receive Notices and Communications) January 30, 2023 She also served as Deputy Legal Counsel to Governor O'Malley and as the Interim Director of the Governor's Office for Children. Before that, he was a Managing Director at Blackstones global credit platform, GSO Capital Partners. 3. We have said all along the amount of monies required to achieve free cash flow positive operations, and we have now reached that important milestone. | Privacy Policy. As an Assistant U.S. Attorney, Ms. Prager handled federal cases involving terrorism, wire and mail fraud, economic espionage, and export control violations, among other matters. The . Twitter View on Twitter. He is also part of the global Corporate Risk and Broking leadership team. San Juan, Puerto Rico 00901 . 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. 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. and M.S. I exchanged shares for warrants to free up available authorized common stock, ahead of our shareholder meeting later this month, to increase the Companys authorized common shares. and a B.A. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Today, the Companys wholly-owned Lake Mariner facility has approximately 60 MW of operational mining capacity, and TeraWulf expects to reach 110 MW of capacity at the facility in Q2 2023. Mr. Farrell has over 12 years of energy experience in renewables, grid optimization, digitalization and storage cross-business solutions. 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. Paul B Prager owns about 31,534,679 units of Terawulf Inc common stock. Prior to TeraWulf, Mr. Prager has been the Founder and CEO at Beowulf Energy LLC and predecessor companies since 1990. 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. 410-770-9500 (Name, Address and Telephone Number of Person . Power volatility in 2022 underscored the importance of power contracts. 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. . Mr. Fleury brings 22 years of finance experience, comprising of capital markets, principal investing, and advisory roles. This has been our business for over 30 years. Ms. Langlais brings more than 20 years of M&A, financing, strategy and power sector experience. Patrick Fleury is the Chief Financial Officer of TeraWulf Inc., where he is responsible for directing and overseeing the financial activities of the Company, including investment of funds and additional capital for expansion. Sandy Harrison is the Vice President of Investor Relations for TeraWulf Inc., where he is responsible for leading the companys investor relations program and furthering its environmental, sustainability and governance initiatives. Feb 2 2023. Ms. Langlais brings more than 20 years of M&A, financing, strategy and power sector experience. 1 public school ranking by Forbes and expanded academic opportunity and diversity. from Duke University School of Law. "Everyone I talk to now is talking about carbon neutrality," said Paul Prager . Paul Prager is the Co-Founder, Chairman and CEO of TeraWulf Inc., a leading clean energy digital asset company. 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. Id like to take a moment to highlight a few key milestones that we achieved during our first year as a public company: What differentiates TeraWulf is that we own and operate our facilities, control our power supply and utilize 91%+ zero-carbon energy sources. We believe these strategic steps will position TeraWulf forlong-term, sustainable growth. Paul Prager Chief Executive Officer; Director: 1388889: Award at $ 0. . Prior to TeraWulf, Mr. Prager has been the Founder and CEO at Beowulf Energy LLC and predecessor companies since 1990. Prior to TeraWulf, Mr. Prager has been the Founder and CEO at Beowulf Energy LLC and predecessor companies since 1990. Lisa Pragerserves as General Counsel and Executive Vice President of the Agricultural Bank ofChinaNew YorkBranch. Founded in 2021 by Nazar Khan and Paul Prager, who were senior executives of Beowulf, an energy infrastructure company Prager had launched in 1990, Terawulf pitched itself as a "leading. Before joining Heorot Power, Mr. Deane held positions of Chief Financial Officer, Vice President and Corporate Secretary at Isonics Corporation; Senior Finance Manager at Sun Microsystems, Inc.; and Audit Manager at Deloitte LLP. April 22, 2022, 4:20 PM. It has been four weeks since I shared my reflections on TeraWulfs achievements in 2022 and stated goals for 2023. 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 . Feb 1 2023. He was an original Partner of GSO and a member of its Management Committee and Investment Committee. The Lake Mariner facility sources attractively priced power in Western New York where 91% of market energy comes from zero-carbon resources, including from the Niagara Hydroelectric Power Station, which is located 35 miles from the Lake Mariner facility. Importantly, I want to thank our loyal investors and fellow WULFpack members for sticking with us through an unimaginably challenging year. Mr. Prager has extensive investment and entrepreneurial experience in international shipping, commodity trading and power generation. 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. The Company operates approximately 18,000 Bitcoin miners with a hash rate capacity over 2.0 EH/s at its Lake Mariner facility. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Energy Intensive Bitcoin Mining: Can the Use of Renewables Answer Critics of Cryptocurrency. Co-Founder, and Chief Executive Officer of TeraWulf Inc. | Privacy Policy, TeraWulf Announces Closing of $28 Million Underwritten Equity Offering and Over-Allotment Option, TeraWulfs Nuclear Bitcoin Plant Is Just One Piece of the Green Mining Puzzle, TeraWulf Announces January 2023 Production and Operations Updates, TeraWulf Issues an Open Letter to Shareholders from Chairman and CEO, TeraWulf Announces Beneficial Debt Modifications and Approximately $32 Million of New Equity Proceeds, February 2023 Open Letter from TeraWulf Chairman and CEO Paul Prager, TeraWulf Announces Proposed Public Offering of Common Stock, First Nuclear-Powered Bitcoin Mine in US Opening in 2023, Americas first nuclear-powered Bitcoin mining center to open in Pennsylvania. He earned a BS in Finance, Economics & Accounting from Fordham University. Meltem Demirors, Chief Strategy Officer . Mining Disrupt Conference July 25-27, 2023 Miami . Previous to this role, Mr. Bucella led the Institutional Global Equities business, also in Canada. A Peek Into the Origins of TeraWulf and Our Up-and-Coming Nuclear Facility. Compare what we share: the breadth and depth of real data, with unbridled transparency, in a timely way. Ms. Motz brings to the board of directors extensive leadership and public policy experience. Mr. Fleury received a BA, magna cum laude, in Economics and Government & Legal Studies from Bowdoin College. Mr. Fleury began his career in the Global Energy & Power Investment Banking Group at Banc of America Securities, LLC. Her distinguished career in both nonprofit and government will help TeraWulf execute on its strategy of sustainable growth and community impact. 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. Mr. Harrison brings decades of experience in financial and marketing communications, equity research, financial analysis, and strategic planning. All Rights Reserved. Mr. Bucella brings to the board of directors extensive capital markets experience, institutional knowledge, and deep experience in the digital asset space. Co-Founder, and Chief Executive Officer of TeraWulf Inc. TeraWulf cofounder and CEO Paul Prager joins us to talk about his experience building a vertically-integrated, zero carbon Bitcoin miner. Dear Shareholders, It has been four weeks since I shared my reflections on TeraWulf's achievements in 2022 and stated goals for 2023. Most recently, he ran the Multi-Asset Sales & Trading business in Canada and led efforts to expand this strategy globally. Shares of TeraWulf (WULF), an environmentally minded bitcoin miner, plunged almost 30% in their first day of trading on Tuesday. 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.