Senior Secured Notes
Company: TeraWulf
The claim, verbatim
$1.275 billion in Senior Secured Notes with 8.0% coupon, payable semiannually
Source (primary)
terawulf 8-K exhibit (tm2533871d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-23)Live source ↗
Quote: “$1.275Bn Senior Secured Notes... 8.0% coupon being shown for illustrative purposes, with interest payable on a semiannual basis”
How we checked this
Checked on September 26, 2026. The cited source supports part of this claim, but not all of it.
The $1.275 billion amount and semiannual interest appear in the model assumptions. The document explicitly labels the 8.0% coupon as illustrative, so it does not establish the actual rate.
Confirmed in the source:
- The cash flow model assumes $1.275 billion of Senior Secured Notes
- Interest is payable on a semiannual basis
We could not confirm this from the cited source:
- That the notes carry an 8.0% coupon (the document says the 8.0% rate is shown for illustrative purposes only)
- That the $1.275 billion notes were actually issued, rather than assumed for the model
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/1083301/000110465925122387/tm2533871d1_ex99-1.htm) in full (12,131 characters, retrieved September 23, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (tm2533871d1_ex99-1.htm)
Quote: “$1.275Bn Senior Secured Notes... 8.0% coupon being shown for illustrative purposes, with interest payable on a semiannual basis”