Lake Hawkeye lease cash payment
Company: TeraWulf - Project: Lake Hawkeye
The claim, verbatim
TeraWulf prepaid lease rent with $3 million in cash
Source (primary)
TeraWulf CEO Moves to Monetize 3 Million Shares Tied to Land Lease - TheEnergyMag (-, news_article)
View cached copy (2026-09-24)Live source ↗
Quote: “and $3 million in cash”
How we checked this
Checked on September 27, 2026. The cited source supports every part of this claim.
The source states the rent was prepaid through $95 million in stock and $3 million in cash.
Confirmed in the source:
- TeraWulf prepaid rent on the Lake Hawkeye lease partly with $3 million in cash
What we did: Read our cached copy of the publisher (https://www.theenergymag.com/news/market-news/terawulf-prager-forward-sale-3-million-ai-hpc-land-lease) in full (5,314 characters, retrieved September 24, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf CEO Moves to Monetize 3 Million Shares Tied to Land Lease - TheEnergyMag
Quote: “and $3 million in cash”