NYDIG digital asset custodial agreement for bitcoin cold storage
Company: TeraWulf
The claim, verbatim
Digital Asset Custodial Agreement with NYDIG Trust Company LLC for holding company's bitcoin in cold storage with annual custodial fees based on percentage of daily average custodied bitcoin value
Source (primary)
TeraWulf S-3/A filed 2023-02-14 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On March 10, 2022, we entered into a Digital Asset Custodial Agreement with NYDIG (the "NYDIG Custodial Agreement") pursuant to which NYDIG holds our bitcoin in cold storage as custodian in a digital asset account in the Company's name (the "Digital Asset Account"), In exchange for its custodial services, NYDIG charges an annual fee equal to a percentage of our custodied bitcoin, based on its daily average value in U.S. Dollars.”
How we checked this
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Additional evidence
confirms TeraWulf S-3/A filed 2023-02-14
Quote: “On March 10, 2022, we entered into a Digital Asset Custodial Agreement with NYDIG (the "NYDIG Custodial Agreement") pursuant to which NYDIG holds our bitcoin in cold storage as custodian in a digital asset account in the Company's name (the "Digital Asset Account"), In exchange for its custodial services, NYDIG charges an annual fee equal to a percentage of our custodied bitcoin, based on its daily average value in U.S. Dollars.”