Beowulf E&D administrative services fee
Company: TeraWulf
The claim, verbatim
TeraWulf agreed to pay Beowulf E&D annual base fee of 8.46 million USD payable monthly, effective January 1 2023, until LGSA obligations repaid or refinanced
Source (primary)
TeraWulf 10-K filed 2023-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “TeraWulf agreed to pay Beowulf E&D, effective as of January 1, 2023, a reduced annual base fee equal to $8.46 million payable in monthly installments, until all obligations under the Company's LGSA are either indefeasibly repaid in full or refinanced”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms TeraWulf 10-K filed 2023-03-31
Quote: “TeraWulf agreed to pay Beowulf E&D, effective as of January 1, 2023, a reduced annual base fee equal to $8.46 million payable in monthly installments, until all obligations under the Company's LGSA are either indefeasibly repaid in full or refinanced”