$500 million convertible notes offering due 2032
Company: TeraWulf
The claim, verbatim
TeraWulf intends to offer $500 million aggregate principal amount of convertible senior notes due May 1, 2032, to qualified institutional buyers
Source (primary)
terawulf 8-K exhibit (tm2529509d2_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “$500 million aggregate principal amount of convertible senior notes due 2032”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The press release states the $500 million amount, the May 1, 2032 maturity, and the offering to qualified institutional buyers.
Confirmed in the source:
- TeraWulf announced it intends to offer convertible senior notes in a private offering.
- The proposed offering is $500 million aggregate principal amount.
- The notes will mature on May 1, 2032, unless earlier repurchased, redeemed or converted.
- The notes will be offered to persons reasonably believed to be qualified institutional buyers under Rule 144A.
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925103439/tm2529509d2_ex99-1.htm) in full (7,763 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (tm2529509d2_ex99-1.htm)
Quote: “$500 million aggregate principal amount of convertible senior notes due 2032”