Bitcoin-indexed settlement portion paid in installments over two years
Company: TeraWulf
The claim, verbatim
The court conditioned fee approval on the Bitcoin-indexed portion of the fee being paid in installments on the same schedule as payments to the class, over a two-year installment period per paragraph 6 of the settlement agreement.
Source (primary)
Winter v. Stronghold Digital Mining, Inc. — Entry #137: TRANSCRIPT of Proceedings re: CONFERENCE held on 4/11/2025 before Judge Ronnie Abrams (RECAP, court_filing)
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Quote: “my approval of the fee award requires it to be paid in that manner — that is, on the same schedule as the payments to the class. Doing so guarantees that, at the end of the two-year installment period”
How we checked this
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Additional evidence
confirms Winter v. Stronghold Digital Mining, Inc. — Entry #137: TRANSCRIPT of Proceedings re: CONFERENCE held on 4/11/2025 before Judge Ronnie Abrams
Quote: “my approval of the fee award requires it to be paid in that manner — that is, on the same schedule as the payments to the class. Doing so guarantees that, at the end of the two-year installment period”