jain.com

$1.025B Convertible Notes due 2032

Company: TeraWulf

Subject kind
financing
Statement date
2025-11-09
Promised by
2032-12-31
Promised amount
1025.0 USD
Current status
stated

The claim, verbatim

$1.025 billion 0% convertible notes due 2032 issued in October 2025

Source (primary)

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

Quote: “supplemented by $1.025 billion 0% 2032 convertible notes issued in October”

How we checked this

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

The Q3 2025 financial snapshot, dated November 2025, says cash was supplemented by $1.025 billion of 0% 2032 convertible notes issued in October.

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: “supplemented by $1.025 billion 0% 2032 convertible notes issued in October”

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