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NYDIG Execution bitcoin sales order execution agreement

Company: TeraWulf

Subject kind
partnership
Statement date
2023-02-13
Current status
stated

The claim, verbatim

Digital Asset Execution Agreement with NYDIG Execution LLC to execute bitcoin sales orders as agent with proceeds deposited directly to company bank accounts

Source (primary)

TeraWulf S-3/A filed 2023-02-14 (SEC EDGAR, sec_filing)
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Quote: “On September 16, 2022, we entered into a Digital Asset Execution Agreement (the "Execution Agreement") with NYDIG Execution pursuant to which NYDIG Execution executes or arranges our bitcoin sales orders ("Orders") as our agent... NYDIG Execution deposits any cash from the sale of the Company's bitcoin directly into the Company's bank account at a U.S. depositary institution, less any applicable commissions, fees or costs.”

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 S-3/A filed 2023-02-14

Quote: “On September 16, 2022, we entered into a Digital Asset Execution Agreement (the "Execution Agreement") with NYDIG Execution pursuant to which NYDIG Execution executes or arranges our bitcoin sales orders ("Orders") as our agent... NYDIG Execution deposits any cash from the sale of the Company's bitcoin directly into the Company's bank account at a U.S. depositary institution, less any applicable commissions, fees or costs.”

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