paul prager, terawulf paul prager, terawulf

Successfully navigated extreme operating conditions during Winter Storm Elliot (the "Storm"), quickly returning to full output at the Storms close. Prior to TeraWulf, Mr. Prager has been the Founder and CEO at Beowulf Energy LLC and predecessor companies since 1990. 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. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. TeraWulf's Prager on cryptocurrency market. He speaks with Guy Johnson and Alix . 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. Most recently, Mr. Carter served as Superintendent of theU.S. At TeraWulf, we promise to treat your data with respect and will not share your information with any third party. 2022 Terawulf. All Rights Reserved. Paul Prager Chief Executive Officer; Director: 1388889: Award at $ 0. . 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, chairman and CEO of TeraWulf, will hold the same positions in the new company. 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. 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. Pour en savoir plus sur la faon dont nous utilisons vos donnes personnelles, veuillez consulter notre politique relative la vie prive et notre politique en matire de cookies. It has been four weeks since I shared my reflections on TeraWulfs achievements in 2022 and stated goals for 2023. Most recently, Mr. Deane was an executive with Heorot Power Holdings LLC, an owner and operator of power generation assets. Previously, Mr. New was a senior member of the Distressed Finance Group at Credit Suisse and Donaldson, Lufkin and Jenrette. Paul B. Prager Chairman and Chief Executive Officer TeraWulf Inc. About TeraWulf TeraWulf (Nasdaq: WULF) owns and operates vertically integrated, environmentally clean Bitcoin mining. 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. Shares of TeraWulf (WULF), an environmentally minded bitcoin miner, plunged almost 30% in their first day of trading on Tuesday. . 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. Before entering private practice, Ms. Prager was a federal prosecutor in the U.S. Attorneys 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 Commerces Bureau of Industry and Security. LinkedIn View on LinkedIn. TeraWulf went public after it agreed in June to merge with Ikonics . Co-Founder, Chairman & Chief Executive Officer. 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. 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. 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. Mr. Prager has extensive investment and entrepreneurial experience in international shipping, commodity . 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 . Mr. Deane brings more than 20 years of financial and operational experience in the power, high tech and public accounting sectors. Ms. Langlais also worked at Harvard University where she provided advisory to the Universitys overall financial strategy and planning. Mr. Carter is a Distinguished Flying Cross and Bronze Star recipient. Mr. Fleury brings 22 years of finance experience, comprising of capital markets, principal investing, and advisory roles. Let me be clear we have a deal that should enable the Company to pay down principal when we have available free cash flow, instead of adhering to a mandatory payment schedule. Previous to this role, Mr. Bucella led the Institutional Global Equities business, also in Canada. Prior to Beowulf, Mr. Khan worked at Evercore Partners Inc. in both investment banking and private equity. This past year was a transformational year for TeraWulf and the crypto industry at large. Before that, he was a Managing Director at Blackstones global credit platform, GSO Capital Partners. The . TeraWulf, Inc. owns and operates fully integrated environmentally clean bitcoin mining facilities in the United States. She has also served as General Counsel at Beowulf Energy LLC for nearly 15 years. 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. February 2023 Open Letter from TeraWulf Chairman and CEO Paul Prager . Co-Founder, and Chief Executive Officer of TeraWulf Inc. and M.S. 22. Prior to NovaWulf, Mr. New was the Head of Onex Credit, a leading asset manager with more than $23 billion of assets under management. Mr. Farrell has over 12 years of energy experience in renewables, grid optimization, digitalization and storage cross-business solutions. A graduate of the United States Naval Academy, Mr. Prager is a member of the investment committee and Trustee of the USNA Foundation. from the University of Pennsylvania. in Economics from Allegheny College and a J.D. Ms. Motz brings to the board of directors extensive leadership and public policy experience. Paul Prager is the Co-Founder and Chief Executive Officer of TeraWulf Inc, and the Chairman of the Board of Directors. Mining Disrupt Conference July 25-27, 2023 Miami . Be assured that I am here with you and will continue to personally invest in TeraWulf. Item 1.01. 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. Insider Trading. Cassie Motz is the Executive Director of the CollegeBound Foundation inBaltimore. This past year, our management team invested over $15 million of our personal capital in the Company. in Mechanical Engineering with a certificate in Biomedical Engineering from the University of Colorado Boulder. Se non vuoi che noi e i nostri partner utilizziamo i cookie e i dati personali per questi scopi aggiuntivi, clicca su "Rifiuta tutto". 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. I also want to address the confusion out there regarding the perceived sale of stock. In energy markets, location is everything and our sites are in robust, developed markets that provide premier value for the grid services we provide. 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. 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. Fleet of deployed miners reached approximately 18,000 with a hash rate capacity over 2.0 EH/s. 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. 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. In addition, TeraWulf Inc. saw -0.84% in overturn over a single year, with a tendency to cut further losses. Feb 1 2023. Ms. Motz graduated summa cum laude fromDartmouth Collegewith a B.A. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. 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. from the University of Pennsylvania. She later served as a Deputy Attorney General for theDistrict of Columbiagovernment, representing the city's child welfare and mental health agencies. Quando utilizzi i nostri siti e le nostre app, noi utilizziamo i. autenticare gli utenti, applicare misure di sicurezza e prevenire spam e abusi; misurare l'utilizzo dei nostri siti e delle nostre app. Despite weather-related price volatility in December, the Company projects an average cost of power of approximately $0.035/kWh across its two sites. Terawulf met en place une usine minire alimente par l'nergie nuclaire appele Nautilus. 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. 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. 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, today announced that today announced that the Company's Co-founder, Chairman and Chief Executive Officer, Paul Prager, has issued an open letter to shareholders. All Rights Reserved. Compare what we share: the breadth and depth of real data, with unbridled transparency, in a timely way. 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. 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. You can sign up for additional alert options at any time. 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 . 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. Naval Academyreached the No. Paul Prager @PaulBPrager . Yahoo fa parte della famiglia di brand di Yahoo. CEO Paul Prager discusses moving from energy industry, next gen bitcoin mining, joining forces with Gwyneth Paltrow. I said that I was right alongside you as a shareholder and that I would continue to invest personally in TeraWulf. from Boston University and is admitted to practice law in New York and Germany. Also Known As Paul B. Prager. 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. He began his career at AIG and held senior roles at Johnson & Higgins and Aon. Co-Founder, Chairman & Chief Executive Officer. Our priority continues to be reducing costs and deploying those resources towards the Companys path to positive cash flow from operations in 2023. 1 Source: Cambridge Bitcoin Electricity Consumption Index (CBECI) (ccaf.io). Today, I write in gratitude: proud of our accomplishments, inspired by our extraordinary employees, and confident in our strategy. Ms. Langlais also worked at Harvard University where she provided advisory to the Universitys overall financial strategy and planning. Together, for more . Paul B Prager owns about 31,534,679 units of Terawulf Inc common stock. Paul Prager. 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. from WesternNew England UniversitySchool of Law. 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. 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. ESG is at the core of TeraWulfs corporate strategy and ties directly to its business success, risk mitigation, and reputational value. TeraWulf is an infrastructure-focused bitcoin mining company accelerating the transition to a zero-carbon future. and a B.A. Mr. Harrison brings decades of experience in financial and marketing communications, equity research, financial analysis, and strategic planning. 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. Webcast The Company maintains its estimated average power cost of approximately $0.035/kWh across its portfolio. Prior to BlockTower, Mr. Bucella spent nearly a decade with Goldman Sachs in a variety of roles. in accounting from the University of Florida. 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 Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, risks, uncertainties and assumptions, including, among others: (1) conditions in the cryptocurrency mining industry, including fluctuation in the market pricing of Bitcoin and other cryptocurrencies, and the economics of cryptocurrency mining, including as to variables or factors affecting the cost, efficiency and profitability of cryptocurrency mining; (2) competition among the various providers of cryptocurrency mining services; (3) changes in applicable laws, regulations and/or permits affecting TeraWulfs operations or the industries in which it operates, including regulation regarding power generation, cryptocurrency usage and/or cryptocurrency mining; (4) the ability to implement certain business objectives and to timely and cost-effectively execute integrated projects; (5) failure to obtain adequate financing on a timely basis and/or on acceptable terms with regard to growth strategies or operations (6) loss of public confidence in Bitcoin or other cryptocurrencies and the potential for cryptocurrency market manipulation (7) the potential of cybercrime, money-laundering, malware infections and phishing and/or loss and interference as a result of equipment malfunction or break-down, physical disaster, data security breach, computer malfunction or sabotage (and the costs associated with any of the foregoing) (8) the availability, delivery schedule and cost of equipment necessary to maintain and grow the business and operations of TeraWulf, including mining equipment and infrastructure equipment meeting the technical or other specifications required to achieve its growth strategy; (9) employment workforce factors, including the loss of key employees; (10) litigation relating to TeraWulf, RM 101 f/k/a IKONICS Corporation and/or the business combination; (11) the ability to recognize the anticipated objectives and benefits of the business combination; and (12) other risks and uncertainties detailed from time to time in the Companys filings with the Securities and Exchange Commission ("SEC"). 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. Paul Prager is the founder of Beowulf Energy LLC, a private, independent infrastructure holding company that develops, builds, owns, and operates power generation and energy infrastructure. Ms. Motz previously served on the University System ofMaryland BoardofRegentsfromJune 2014throughMarch 2015 and as a Deputy Chief of Staff to Maryland GovernorMartin O'Malley. 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. For the last 8 years, he served as Vice President of Investor Relations at Semtech Corporation, managing and growing the investor relations program. from Boston University and is admitted to practice law in New York and Germany. 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 . Power volatility in 2022 underscored the importance of power contracts. Paul B. Prager Chairman and Chief Executive Officer TeraWulf Inc. Paul B. Prager's Terawulf shares are currently valued at $15.81M. | Privacy Policy, February 2023 Open Letter from TeraWulf Chairman and CEO Paul Prager, An Open Letter from TeraWulf Chairman and CEO Paul Prager. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. 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. dvelopper et amliorer nos produits et services. 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. in Industrial Psychology & History from Washington & Lee University. Ms. Fleischmann holds a J.D. . New Executive Interview with TeraWulf CTO and COO Nazar Khan. from Heidelberg University and an LL.M. Co-Founder, Chief Operating Officer & Chief Technology Officer. Gender Male. 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. 3. Ms. Langlais received her BA in Finance and graduated with honors from Boston College. The company was founded on February 8, 2021 and is headquartered in Easton, MD. Energy Intensive Bitcoin Mining: Can the Use of Renewables Answer Critics of Cryptocurrency? 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. For the avoidance of doubt, I did not sell 12 million shares. 2022 Terawulf. Power prices increased dramatically during the severe weather event that crossed most of the United States in December, increasing Lake Mariners operating cost during the days of local impact. from Yale Law School. Lisa Pragerserves as General Counsel and Executive Vice President of the Agricultural Bank ofChinaNew YorkBranch. 410-770-9500 (Name, Address and Telephone Number of Person . TeraWulf is led by an accomplished, diverse management team with 30+ years of experience in developing and managing energy infrastructure and disruptive technology. Puoi modificare le tue scelte in qualsiasi momento cliccando sui link "Dashboard privacy" sui nostri siti e sulle nostre app. 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. He began his career at AIG and held senior roles at both Johnson & Higgins and Aon.