jain.com

$3.2B Senior Secured Green Notes

Company: TeraWulf

Subject kind
financing
Statement date
2025-11-09
Promised by
2030-12-31
Promised amount
3200.0 USD
Current status
stated

The claim, verbatim

TeraWulf priced a $3.2 billion offering of 7.750% senior secured notes due 2030 at par to finance construction of 522.5 MW of AI/HPC data centers at Lake Mariner Campus

Source (primary)

terawulf 8-K exhibit (wulfq32025investorupdate.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗

Quote: “On October 16th, TeraWulf priced a $3.2 billion offering of 7.750% senior secured notes due 2030 at par to finance the construction of 522.5 MW of AI / High Powered Compute Data Centers at our Flagship Lake Mariner Campus”

How we checked this

Checked on September 28, 2026. The cited source supports every part of this claim.

The presentation states that on October 16th TeraWulf priced a $3.2 billion, 7.750% senior secured notes offering due 2030 at par. It says the offering finances 522.5 MW of AI/HPC data centers at its Lake Mariner Campus.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000108330125000096/wulfq32025investorupdate.htm) in full (31,516 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms terawulf 8-K exhibit (wulfq32025investorupdate.htm)

Quote: “On October 16th, TeraWulf priced a $3.2 billion offering of 7.750% senior secured notes due 2030 at par to finance the construction of 522.5 MW of AI / High Powered Compute Data Centers at our Flagship Lake Mariner Campus”

View cached copy (2026-09-27)Live source ↗