$1.025B Convertible Notes due 2032
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
TeraWulf completed a $1.025 billion offering of 0.00% Convertible Notes due 2032 to fund Abernathy JV equity and enhance parent liquidity
Source (primary)
terawulf 8-K exhibit (a_wulfformearningsreleaseq.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “TeraWulf also completed a $1.025 billion offering of 0.00% Convertible Notes due 2032 to fund its equity contribution to the Abernathy JV and enhance parent-level liquidity”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The release states that TeraWulf completed a $1.025 billion offering of 0.00% Convertible Notes due 2032 to fund its Abernathy JV equity contribution and enhance parent-level liquidity.
Confirmed in the source:
- TeraWulf completed a $1.025 billion offering of 0.00% Convertible Notes due 2032
- The proceeds were to fund TeraWulf's equity contribution to the Abernathy JV
- The proceeds were also to enhance parent-level liquidity
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000108330125000096/a_wulfformearningsreleaseq.htm) in full (25,617 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (a_wulfformearningsreleaseq.htm)
Quote: “TeraWulf also completed a $1.025 billion offering of 0.00% Convertible Notes due 2032 to fund its equity contribution to the Abernathy JV and enhance parent-level liquidity”