Flash Compute planned financing
Company: TeraWulf
The claim, verbatim
Flash Compute (Texas/SPP) is planned to be financed with $1.479 billion in Senior Secured Notes.
Source (primary)
terawulf 8-K exhibit (terawulfq42025investorpr.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-13)Live source ↗
Quote: “Flash Compute (Texas / SPP) $1,479”
How we checked this
Checked on September 21, 2026. The cited source supports part of this claim, but not all of it.
The slide ties $1,479M to Flash Compute's Cash line, not its Senior Secured Notes, which the same column shows as $1,300M, so the $1.479 billion note figure is not established.
Confirmed in the source:
- Flash Compute is located in Texas within the SPP market
- Flash Compute is a funded platform financed with Senior Secured Notes
We could not confirm this from the cited source:
- Flash Compute's Senior Secured Notes total $1.479 billion
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000108330126000026/terawulfq42025investorpr.htm) in full (29,065 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (terawulfq42025investorpr.htm)
Quote: “Flash Compute (Texas / SPP) $1,479”