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Google warrants for ~8% equity stake

Company: TeraWulf

Subject kind
partnership
Statement date
2025-08-13
Promised amount
41000000.0 units
Current status
stated

The claim, verbatim

Google will receive warrants to acquire approximately 41 million TeraWulf shares, equating to an approximately 8% pro forma equity stake.

Source (primary)

terawulf 8-K exhibit (tm2523008d2_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-06)Live source ↗

Quote: “will receive warrants to acquire approximately 41 million shares of TeraWulf common stock, equating to an approximately 8% pro forma equity ownership stake”

How we checked this

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

The release states Google will receive warrants for about 41 million TeraWulf shares, equal to roughly an 8% pro forma stake.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925078084/tm2523008d2_ex99-1.htm) in full (10,293 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms terawulf 8-K exhibit (tm2523008d2_ex99-1.htm)

Quote: “will receive warrants to acquire approximately 41 million shares of TeraWulf common stock, equating to an approximately 8% pro forma equity ownership stake”

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