jain.com

Seeking additional senior secured debt for letter of credit needs

Company: TeraWulf

Subject kind
financing
Statement date
2026-10-04
Current status
stated

The claim, verbatim

TeraWulf is seeking to raise additional senior secured debt to support letter of credit needs tied to its long-term power development partnerships with utilities.

Source (primary)

TeraWulf 8-K filed 2026-10-05 (SEC EDGAR, sec_filing)
View cached copy (2026-10-06)Live source ↗

Quote: “is also seeking to raise additional senior secured debt to further support letter of credit needs in connection with the Company's long-term power development partnerships with utilities”

How we checked this

Checked on October 7, 2026. The cited source supports every part of this claim.

The filing states that the company is seeking additional senior secured debt to support letter of credit needs tied to its utility power partnerships.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000162828026064757/wulf-20261001.htm) in full (7,560 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf 8-K filed 2026-10-05

Quote: “is also seeking to raise additional senior secured debt to further support letter of credit needs in connection with the Company's long-term power development partnerships with utilities”

View cached copy (2026-10-06)Live source ↗