TeraWulf Inc. (NASDAQ : WULF) develops and operates integrated, sustainably powered data centers for energy-efficient, advanced digital applications.
To provide sustainable solutions at the intersection of energy and technology.
Leveraging our advanced energy infrastructure experience to create modular, efficient, and sustainable future-proof data centers.
TeraWulf harnesses its significant energy expertise and sustainability-first approach to pioneer solutions that meet the growing demands of Bitcoin mining, AI, and HPC applications.
Our
Values
Our
Strategy
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Team
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Assets
At TeraWulf, we believe we are uniquely positioned to build a more sustainable future while expanding opportunities in our workplace and throughout the communities where we work and live.
We take an integrated approach, incorporating environmental, social, and governance considerations into every aspect of our operations. By doing so, we aim to create lasting value; foster innovation; and contribute meaningfully to the well-being of our employees, partners, and the broader community.
Our strategy leverages our assets and expertise to capitalize on opportunities in the evolving digital energy landscape.
By driving innovation, optimizing operational efficiency, maintaining disciplined cost control, and prioritizing long-term shareholder value, we are positioning TeraWulf as a leader in next-generation digital infrastructure.
TeraWulf is led by a highly experienced executive team with over three decades of expertise in developing, owning, and operating energy infrastructure assets. Our leadership combines deep industry knowledge across the full energy chain with robust partnerships and a proven track record of managing high-capacity loads.
Complemented by a distinguished Board of Directors whose expertise encompasses capital markets, digital assets, cybersecurity, risk management, and public policy, TeraWulf is uniquely positioned to thrive in the rapidly evolving digital energy landscape.
TeraWulf’s greatest asset is its unparalleled access to low-cost, predominantly zero-carbon energy. This advantage enables the development of large-scale digital infrastructure that is sustainable, reliable, and efficient.
Our state-of-the-art Lake Mariner facility exemplifies this commitment with an impressive scalable capacity of up to 750 MW and showcases the seamless integration of sustainability and innovation.
What is WULF Compute?
WULF Compute is the subsidiary under TeraWulf that is focused on developing, constructing and operating advanced digital infrastructure to support colocation of AI and HPC tenants.
What is WULF Mining?
WULF Mining is TeraWulf's subsidiary specializing in Bitcoin mining operations. We own and operate our proprietary mining equipment, ensuring full control over our operations for maximum efficiency, profitability, and sustainability. Our facilities are powered by low-cost, predominantly zero-carbon energy.
How does TeraWulf differentiate itself from other companies in the industry?
Terawulf stands apart by combining deep expertise in energy infrastructure with a commitment to sustainability. At Lake Mariner, we harness low-cost, predominantly zero-carbon energy to power our facilities. Our vertically integrated operations ensure operational control and efficiency, and we strategically combine Bitcoin mining with high-performance computing hosting to maximize the utilization of energy resources. Our adaptive computing solutions also enhance grid stability, making us an invaluable partner in the clean energy transition.
What is TeraWulf’s mission and vision within the energy and technology sector?
TeraWulf's mission is to be a leading force in the digital asset and energy infrastructure sector, bridging the gap between high-performance computing (HPC) and sustainable energy. We are committed to advancing next-generation infrastructure that supports Al, HPC, and Bitcoin mining while supporting the transition to a clean energy future.
How can I get in touch?
You can contact TeraWulf using our online contact form, or by emailing us at info@terawulf.com
How can I invest in the Company?
How can I stay up-to-date on TeraWulf?
How can I learn more about TeraWulf?
For more information about TeraWulf, explore our media section where you can access past interviews, articles, and other resources. Additionally, our social media platforms provide regular updates on our latest projects, operations, and innovations. You can also use our contact form for specific inquiries.
TeraWulf is led by an accomplished, diverse management team with over 30 years of experience in developing and managing energy and digital infrastructure.
Co-Founder, Chairman & Chief Executive Officer
Co-Founder, Chairman & Chief Executive Officer
Paul B. Prager has been the Co-Founder, Chairman of the Board of Directors, and Chief Executive Officer of the Company since February 2021. Since 1990, Mr. Prager founded and has been the CEO of Beowulf Electricity & Data Inc. (“Beowulf”), a private energy and digital infrastructure company, and its predecessor companies. He also founded Brooklyn Marine & Oil LLC (a shipowner and operator) and was previously the Chief Executive Officer of Direct Gas. Mr. Prager is a graduate of the U.S. Naval Academy and is a member of the investment committee and trustee of the U.S. Naval Academy Foundation. Mr. Prager has valuable experience leading organizations and a strong operational and strategic background with significant experience in power generation, infrastructure development, commodity trading and international shipping.
Co-Founder & Chief Technology Officer
Co-Founder & Chief Technology Officer
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 TeraWulf's business strategy since day one. As Co-Founder and CTO, Mr. Khan oversees the development and implementation of TeraWulf's day-to-day operations, including hardware procurement, site evaluation, infrastructure buildout and identification of future growth opportuinities. Mr. Khan previously served as Executive Vice President of Beowulf Energy LLC for nearly 20 years, where he led the firm's acquisition and development efforts. Prior to Beowulf, Mr. Khan worked at Evercore Partners Inc. in both investment banking and private equity. Mr. Khan received a B.S. and a B.A. from the University of Pennsylvania.
Chief Strategy Officer
Chief Strategy Officer
Kerri Langlais is the Chief Strategy Officer for TeraWulf Inc., where she is responsible for the development and implementation of the Company’s overall corporate strategy, business development, strategic partnerships, and growth initiatives. Ms. Langlais brings more than 20 years of M&A, financing, strategy and power sector experience. Most recently, Ms. Langlais was an executive at Beowulf Energy LLC, a leading private energy infrastructure company, where she led the company’s M&A and financing efforts. 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. Ms. Langlais also worked at Harvard University where she provided advisory to the University’s overall financial strategy and planning. Ms. Langlais received her BA in Finance and graduated with honors from Boston College.
Chief Legal Officer & Secretary
Chief Legal Officer & Secretary
Stefanie Fleischmann is Chief Legal Officer & Secretary of TeraWulf Inc., where she oversees all legal and compliance matters for the company. She has also served as General Counsel at Beowulf Energy LLC for nearly 15 years. 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. She began her career at Freshfields and Willkie Farr & Gallagher LLP in New York and Frankfurt, Germany. Ms. Fleischmann holds a J.D. from Heidelberg University and an LL.M. from Boston University and is admitted to practice law in New York and Germany.
Chief Financial Officer
Chief Financial Officer
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. Mr. Fleury brings 24 years of finance experience, comprising of capital markets, principal investing, and advisory roles. 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. Before that, he was a Managing Director at Blackstone’s global credit platform, GSO Capital Partners. Mr. Fleury began his career in the Global Energy & Power Investment Banking Group at Banc of America Securities, LLC. Mr. Fleury received a BA, magna cum laude, in Economics and Government & Legal Studies from Bowdoin College.
Chief Accounting Officer & Treasurer
Chief Accounting Officer & Treasurer
Kenneth Deane is the Chief Accounting Officer and Treasurer of TeraWulf Inc., where he is responsible for managing the Company’s financial functions, including accounting, audit, internal control and treasury. Mr. Deane brings more than 20 years of financial and operational experience in the power, high tech and public accounting sectors. Most recently, Mr. Deane was an executive with Heorot Power Holdings LLC, an owner and operator of power generation assets. 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. He holds a B.S. and M.S. in accounting from the University of Florida.
Chief Operating Officer
Chief Operating Officer
Sean Farrell is a Vice President of Operations for TeraWulf Inc., where he is responsible for coordinating and overseeing the company’s data center operations and vertical integration strategy. Mr. Farrell has over 12 years of energy experience in renewables, grid optimization, digitalization and storage cross-business solutions. Most recently, he served as North American Head of Onshore Sales and Marketing at Siemens Gamesa Renewable Energy Inc., leading the U.S. and Canada’s onshore wind turbine product development and market strategy. 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. Mr. Farrell holds a B.S. in Mechanical Engineering with a certificate in Biomedical Engineering from the University of Colorado Boulder.
Director of Investor Relations
Director of Investor Relations
John Larkin is the Director of Investor Relations for Terawulf Inc. where he is responsible for overseeing investor communication acting as the primary point of contact between the Company and investors. Mr. Larkin brings over 25 years of capital markets experience across both buy-side and sell-side positions. Most recently, Mr. Larkin served as the Chief Operating Officer of Connacht Asset Management. Before joining Connacht, Mr. Larkin spent nearly ten years at Susquehanna International Group as Head of the Event-Driven/Special Situations Desk and also as an Assistant Director of Research. Mr. Larkin began his career at Citigroup where he held multiple roles. He earned a BA from the University of Vermont and an MBA from the Cornell Johnson School of Business. Mr. Larkin is a CFA charterholder.
Co-Founder, Chairman & Chief Executive Officer
Co-Founder, Chairman & Chief Executive Officer
Paul B. Prager has been the Co-Founder, Chairman of the Board of Directors, and Chief Executive Officer of the Company since February 2021. Since 1990, Mr. Prager founded and has been the CEO of Beowulf Electricity & Data Inc. (“Beowulf”), a private energy and digital infrastructure company, and its predecessor companies. He also founded Brooklyn Marine & Oil LLC (a shipowner and operator) and was previously the Chief Executive Officer of Direct Gas. Mr. Prager is a graduate of the U.S. Naval Academy and is a member of the investment committee and trustee of the U.S. Naval Academy Foundation. Mr. Prager has valuable experience leading organizations and a strong operational and strategic background with significant experience in power generation, infrastructure development, commodity trading and international shipping.
Co-Founder & Chief Technology Officer
Co-Founder & Chief Technology Officer
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 TeraWulf's business strategy since day one. As Co-Founder and CTO, Mr. Khan oversees the development and implementation of TeraWulf's day-to-day operations, including hardware procurement, site evaluation, infrastructure buildout and identification of future growth opportuinities. Mr. Khan previously served as Executive Vice President of Beowulf Energy LLC for nearly 20 years, where he led the firm's acquisition and development efforts. Prior to Beowulf, Mr. Khan worked at Evercore Partners Inc. in both investment banking and private equity. Mr. Khan received a B.S. and a B.A. from the University of Pennsylvania.
Chief Strategy Officer
Chief Strategy Officer
Kerri Langlais is the Chief Strategy Officer for TeraWulf Inc., where she is responsible for the development and implementation of the Company’s overall corporate strategy, business development, strategic partnerships, and growth initiatives. Ms. Langlais brings more than 20 years of M&A, financing, strategy and power sector experience. Most recently, Ms. Langlais was an executive at Beowulf Energy LLC, a leading private energy infrastructure company, where she led the company’s M&A and financing efforts. 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. Ms. Langlais also worked at Harvard University where she provided advisory to the University’s overall financial strategy and planning. Ms. Langlais received her BA in Finance and graduated with honors from Boston College.
Director
Director
Michael Bucella has been a member of the Board of Directors since March 2022. He is the Co-Founder and Managing Partner of Neoclassic Capital, a U.S.-based investment firm specializing in early-stage Web3 and cryptocurrency ventures with a strategic focus on the U.S. and Asia markets. From 2017 until 2022, Mr. Bucella was a General Partner at BlockTower Capital, a multi-strategy digital asset investment firm backed by Andreessen Horowitz and Union Square Ventures. He played a pivotal role in scaling BlockTower from inception to over $1 billion AUM, leading investments across hedge funds, early-stage venture, growth equity, and credit strategies. Prior to BlockTower, Mr. Bucella spent nearly a decade at Goldman Sachs in their New York headquarters, joining the firm’s Asset Management Division (GSAM) in 2008, before moving to the firm’s Securities Division in 2010 where he held key leadership positions across the US and Canadian business. He left the firm in 2017 to pursue crypto full-time. Mr. Bucella earned a BS in Finance, Economics & Accounting from Fordham University.
Director
Director
Walter E. “Ted” Carter has been a member of the Board of Directors since November 2021. Mr. Carter was appointed as president of The Ohio State University on August 22, 2023, and prior to that was the president of the University of Nebraska since 2020 after retiring as Vice Admiral following 38 years of service in the U.S. Navy. Most recently from July 2014 until July 2019, Mr. Carter served as Superintendent of the U.S. Naval Academy, his alma matter. Under his leadership, the U.S. Naval Academy reached the No. 1 public school ranking by Forbes and expanded academic opportunity and diversity. Mr. Carter is a Distinguished Flying Cross and Bronze Star recipient. He graduated from the Navy Fighter Weapons School (Top Gun) in Miramar, 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 to Afghanistan in the Arabian Gulf. He is a naval flight officer with more than 6,300 flying hours and has completed 2,016 carrier-arrested landings, an American record. Mr. Carter’s extensive leadership background brings a strong commitment to corporate ethics, values and business practices to the Board of Directors.
Director
Director
Amanda Fabiano brings TeraWulf’s Board of Directors considerable leadership, strategic perspective and operational experience in the bitcoin mining industry. In 2024, Mrs. Fabiano co-founded Second Gate Advisory, rebranding her digital asset advisory firm, Fabiano Consulting, which she originally established as a bitcoin mining consultancy in 2023. Previously, Mrs. Fabiano was a founding member of the proprietary bitcoin mining business at Galaxy Digital Holdings (TSX: GLXY), a cryptocurrency financial services firm, where she spearheaded Galaxy’s acquisition of Helios from Argo Blockchain in December 2022. Prior to Galaxy, Mrs. Fabiano served as Director of Bitcoin Mining at Fidelity Investments from 2014. Mrs. Fabiano previously served on the boards of Compass Mining and Aspen Creek Digital Corporation and has had her work featured in various publications, such as CNBC, Forbes, Bloomberg and CoinDesk. Mrs. Fabiano holds a bachelor’s degree in Sociology, with a concentration in Criminal Justice from the University of Massachusetts.
Director
Director
Chris Jarvis brings to TeraWulf’s Board of Directors vast cyber security experience and operational business acumen from his distinguished career supporting National Security, the U.S. Intelligence Community and the Department of Defense. Chris Jarvis currently serves as a Senior Business Development Analyst at Lockheed Martin Corporation supporting the cybersecurity development and strategy execution for Navy communications initiatives, space-based ground architecture, and launch platforms. Prior to joining Lockheed Martin in 2019, Mr. Jarvis spent 34 years in the U.S. Intelligence Community. He was a member of the Senior Executive Service (SES) and held key leadership positions within the National Geospatial-Intelligence Agency (NGA). During his time with the NGA, Mr. Jarvis was the senior leader assigned to the U.S. Southern Command, the Federal Bureau of Investigation (FBI), and the Director of Expeditionary Operations. In each role, he was responsible for the deployments for personnel, technology and logistics. Mr. Jarvis holds a master’s degree from the Joint Military Intelligence College.
Director
Director
Ms. Motz brings to the board of directors extensive leadership and public policy experience. Her distinguished career in both nonprofit and government will help TeraWulf execute on its strategy of sustainable growth and community impact. Cassie Motz is the Executive Director of the CollegeBound Foundation in Baltimore. Ms. Motz previously served on the University System of Maryland Board of Regents from June 2014 through March 2015 and as a Deputy Chief of Staff to Maryland Governor Martin O’Malley. She also served as Deputy Legal Counsel to Governor O’Malley and as the Interim Director of the Governor’s Office for Children. 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. She later served as a Deputy Attorney General for the District of Columbia government, representing the city’s child welfare and mental health agencies. Ms. Motz also taught as an adjunct professor at the University of Maryland School of Law. Ms. Motz graduated summa cum laude from Dartmouth College with a B.A. in history and earned a J.D. from Yale Law School.
Director
Director
Steven T. Pincus has been a member of the Board of Directors since November 2021. Mr. Pincus served as an Executive Vice President with global insurance company Willis Towers Watson since July 2016 and was the Global Head of Broking for the firm’s FINEX business until August 2022. Most recently, he served as Executive Vice President of Willis Towers in Corporate Risk and Broking until his recent retirement in 2023. With over 40 years of experience, Mr. Pincus has extensive expertise in the energy and high-tech sectors. Mr. Pincus began his career at AIG and held senior roles at Johnson & Higgins and Aon. Mr. Pincus serves on the board of The Storefront Academy, a tuition-free private school in Harlem, New York. He received his BSBA in economics from the University of Arizona. Mr. Pincus brings substantial risk management, financial oversight and operational expertise to the Board of Directors.
Director
Director
Ms. Prager brings broad legal, compliance and regulatory expertise to the TeraWulf board of directors. Lisa Prager serves as General Counsel and Executive Vice President of the Agricultural Bank of China – New York Branch. Prior to joining the bank, Ms. Prager was a partner in law firms where she focused on government investigations. Before entering private practice, Ms. Prager was a federal prosecutor in the U.S. Attorney’s Office for the District of Columbia, as well as Acting Assistant Secretary and Deputy Assistant Secretary for Export Enforcement at the U.S. Department of Commerce’s Bureau of Industry and Security. 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. Ms. Prager received a B.A. from Yale University and J.D. from Western New England University School of Law.