Google lease backstop commitment
Company: TeraWulf
The claim, verbatim
Google backstops $4.5 billion of Fluidstack's lease obligations across all leases
Source (primary)
terawulf 8-K exhibit (wulfq32025investorupdate.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “Google backstops totaling $4.5Bn of Fluidstack's lease obligations”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The presentation lists 'Google backstops totaling $4.5Bn of Fluidstack's lease obligations,' with a footnote specifying 'Across all leases.'
Confirmed in the source:
- Google backstops Fluidstack's lease obligations to TeraWulf
- The Google backstops total $4.5 billion
- The $4.5 billion figure is measured across all leases
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: “Google backstops totaling $4.5Bn of Fluidstack's lease obligations”