Chesapeake Data planned financing
Company: TeraWulf - Project: Chesapeake Data
The claim, verbatim
Chesapeake Data (MD/PJM) 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: “Chesapeake Data (MD / PJM) $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 maps $1,479M to Chesapeake Data's Cash line while its Senior Secured Notes figure reads $1,300M, so the $1.479 billion note amount is not established.
Confirmed in the source:
- Chesapeake Data is located in Maryland within PJM
- Chesapeake Data is a development platform associated with Senior Secured Notes financing
We could not confirm this from the cited source:
- Chesapeake Data's planned 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: “Chesapeake Data (MD / PJM) $1,479”