jain.com

Google backstop commitment

Company: TeraWulf

Subject kind
financing
Statement date
2025-10-27
Promised amount
1300000000.0 USD
Current status
stated

The claim, verbatim

Google provides $1.3 billion backstop in support of Fluidstack's lease obligations

Source (primary)

terawulf 8-K exhibit (tm2529509d1_ex99-3.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗

Quote: “$1.3Bn Backstop in Support of Fluidstack's Lease Obligations”

How we checked this

Checked on September 29, 2026. The cited source supports every part of this claim.

The transaction overview lists a $1.3 billion backstop for Fluidstack's lease obligations alongside 'continued support from Google in the form of backstop'.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925102858/tm2529509d1_ex99-3.htm) in full (7,331 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms terawulf 8-K exhibit (tm2529509d1_ex99-3.htm)

Quote: “$1.3Bn Backstop in Support of Fluidstack's Lease Obligations”

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