Shares issued for Lake Hawkeye lease
Company: TeraWulf - Project: Lake Hawkeye
The claim, verbatim
Approximately 18.6 million shares were issued for the Lake Hawkeye lease during 2025
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: “approximately 18.6 million shares were issued for the lease during 2025”
How we checked this
Checked on September 27, 2026. The cited source supports every part of this claim.
The source cites TeraWulf's annual report as confirming about 18.6 million shares issued for the lease during 2025.
Confirmed in the source:
- Approximately 18.6 million TeraWulf shares were issued for the Lake Hawkeye lease during 2025
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: “approximately 18.6 million shares were issued for the lease during 2025”