1 public school ranking by Forbes and expanded academic opportunity and diversity. Mr. Prager has extensive investment and entrepreneurial experience in international shipping, commodity trading and power generation. 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. New Executive Interview with TeraWulf CTO and COO Nazar Khan. Ms. Prager brings broad legal, compliance, and regulatory expertise to the TeraWulf board of directors. 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 . Paul Prager is the Chief Executive Officer and the chair of the board of directors of TeraWulf. She also served as Deputy Legal Counsel to Governor O'Malley and as the Interim Director of the Governor's Office for Children. Mr. Pincus brings substantial risk management, financial oversight and operational expertise to the board of directors. TeraWulf Announces January 2023 Production and Operations Updates He is also part of the global Corporate Risk and Broking leadership team. fromYale Universityand J.D. You can sign up for additional alert options at any time. He earned a B.A. 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. Paul Prager. 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 . 22. The . He began his career at AIG and held senior roles at both Johnson & Higgins and Aon. TeraWulf Is Attracting A-List Investors For Its Sustainable Bitcoin 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 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 . from WesternNew England UniversitySchool of Law. Most recently, Mr. Carter served as Superintendent of theU.S. Mr. Harrison holds an MBA in Finance & Accounting from Loyola University and a B.A. TERAWULF INC. : Entry into a Material Definitive Agreement, Creation of Self-mined 157 Bitcoin in January 2023, a >25% increase over December 2022. Most recently, he ran the Multi-Asset Sales & Trading business in Canada and led efforts to expand this strategy globally. "For 2023, we plan to aggressively expand our deployed hash rate as we continue to receive miner shipments with a goal of reaching 5.5 EH/s of sustainable, operating mining capacity.". The Company is scheduled to receive over 18,000 additional miners from Bitmain over the coming months. LinkedIn View on LinkedIn. 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. In this installment of the mining miniseries we cover: Paul's career trajectory from coal trading to energy infrastructure to Bitcoin Beowulf's deal with Marat A graduate of the United States Naval Academy, Mr. Prager is a member of the investment committee and Trustee of the USNA Foundation. Together, for more . TeraWulf will generate domestically produced bitcoin powered by nuclear, hydro and solar energy. in accounting from the University of Florida. 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. In energy markets, location is everything and our sites are in robust, developed markets that provide premier value for the grid services we provide. 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 . 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. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Companys filings with the SEC, which are available at www.sec.gov. Co-Founder, and Chief Executive Officer of TeraWulf Inc. "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. An Open Letter to Shareholders from TeraWulf Chairman and CEO Paul Prager. Ms. Motz brings to the board of directors extensive leadership and public policy experience. 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. An Open Letter from TeraWulf Chairman and CEO Paul Prager Importantly, I want to thank our loyal investors and fellow WULFpack members for sticking with us through an unimaginably challenging year. This is HUGE. Paul Prager - Chairman, Co-Founder & CEO @ TeraWulf - Crunchbase 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. in Industrial Psychology & History from Washington & Lee University. Prior to NovaWulf, Mr. New was the Head of Onex Credit, a leading asset manager with more than $23 billion of assets under management. Terawulf Inc (WULF) CEO Paul B. Prager Bought $848,100 of Shares - Yahoo! Mr. Bucella brings to the board of directors extensive capital markets experience, institutional knowledge, and deep experience in the digital asset space. 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. Today, I write in gratitude: proud of our accomplishments, inspired by our extraordinary employees, and confident in our strategy. TeraWulf and IKONICS Announce Merger Agreement, Paving Way For a U.S 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. Mr. Carter is a Distinguished Flying Cross and Bronze Star recipient. Attended United States Naval Academy. Paul Prager - CEO of TeraWulf Inc. - MD & NY April 22, 2022, 4:20 PM. He was an original Partner of GSO and a member of its Management Committee and Investment Committee. ESG is at the core of TeraWulfs corporate strategy and ties directly to its business success, risk mitigation, and reputational value. 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: Zero-Carbon Bitcoin Mining Bitcoin miners want to recast themselves as eco-friendly 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. Ms. Motz previously served on the University System ofMaryland BoardofRegentsfromJune 2014throughMarch 2015 and as a Deputy Chief of Staff to Maryland GovernorMartin O'Malley. Bitcoin Miami - LIVE Panel with TeraWulf CEO Paul Prager - TeraWulf Inc. Prior to BlockTower, Mr. Bucella spent nearly a decade with Goldman Sachs in a variety of roles. Our corporate governance framework promotes accountability, transparency, and effective decision making to ensure the long-term success of the business. We will remain laser-focused on scaling mining operations at our existing sites while opportunistically pursuing strategic opportunities in a financially responsible manner. Wenn Sie Ihre Auswahl anpassen mchten, klicken Sie auf Datenschutzeinstellungen verwalten. Entry into a Material Definitive Agreement. Company profile for TeraWulf Inc. including key executives, insider trading, ownership, revenue and average growth rates. d18rn0p25nwr6d.cloudfront.net All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. Chairman of the Board, Chief Executive Officer, Co-Founder . There can be no assurance that future developments will be those that have been anticipated. TeraWulf Announces January 2023 Production and Operations Updates. New Executive Interview with TeraWulf CTO and COO Nazar Khan. Paul Prager (TeraWulf) Building a Zero Carbon Bitcoin Miner in Industrial Psychology & History from Washington & Lee University. And if you dont want to invest in a bitcoin mining company, call us. 4. 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. Nuclear Bitcoin Mining at Terawulf Is Only One Piece of the Green 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. 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. TeraWulf Inc. WULF ("TeraWulf" or the . You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Co-Founder, Chairman & Chief Executive Officer. BTC TeraWulf 2 In addition, forward-looking statements are typically identified by words such as "plan," "believe," "goal," "target," "aim," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "should," "would" and other similar words and expressions, although the absence of these words or expressions does not mean that a statement is not forward-looking. mesurer votre utilisation de nos sites et applications. WULF Stock Forecast, Price & News (TeraWulf) - MarketBeat Ms. Langlais also worked at Harvard University where she provided advisory to the Universitys overall financial strategy and planning. 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. . 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 . Per saperne di pi su come utilizziamo i tuoi dati personali, consulta la nostra Informativa sulla privacy e la nostra Informativa sui cookie. Previously, Mr. New was a senior member of the Distressed Finance Group at Credit Suisse and Donaldson, Lufkin and Jenrette. Finally, as you consider investing in the space, look at our public disclosures. Paul Prager is the Co-Founder and Chief Executive Officer of TeraWulf Inc, and the Chairman of the Board of Directors. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 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 . Successfully navigated extreme operating conditions during Winter Storm Elliot (the "Storm"), quickly returning to full output at the Storms close. In the last 2 years at Terawulf Inc, Paul B Prager has sold an estimated value of $0 worth. 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.