jain.com

$850M 1.00% convertible notes due 2031 priced

Company: TeraWulf

Subject kind
financing
Statement date
2025-08-18
Promised amount
850000000.0 USD
Current status
stated

The claim, verbatim

TeraWulf upsized and priced an offering of $850 million aggregate principal amount of 1.00% Convertible Senior Notes due 2031, with a 32.50% conversion premium.

Source (primary)

terawulf 8-K exhibit (tm2523651d4_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-05)Live source ↗

Quote: “announced the upsize and pricing of its offering of $850 million aggregate principal amount of 1.00% Convertible Senior Notes due 2031”

How we checked this

Checked on October 6, 2026. The cited source supports every part of this claim.

The press release states the upsized $850 million offering of 1.00% notes due 2031 and lists a 32.50% conversion premium.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925079960/tm2523651d4_ex99-1.htm) in full (13,479 characters, retrieved October 5, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms terawulf 8-K exhibit (tm2523651d4_ex99-1.htm)

Quote: “announced the upsize and pricing of its offering of $850 million aggregate principal amount of 1.00% Convertible Senior Notes due 2031”

View cached copy (2026-10-05)Live source ↗