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Cayuga lease consideration: $3M cash

Company: TeraWulf

Subject kind
acquisition
Statement date
2025-08-13
Promised amount
3000000.0 USD
Current status
stated

The claim, verbatim

As part of the Cayuga transaction consideration, Riesling Power will receive $3 million in cash.

Source (primary)

terawulf 8-K exhibit (tm2523008d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-06)Live source ↗

Quote: “and $3 million in cash”

How we checked this

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

The release states the consideration to Riesling Power includes $3 million in cash alongside the stock.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925078086/tm2523008d1_ex99-1.htm) in full (7,384 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms terawulf 8-K exhibit (tm2523008d1_ex99-1.htm)

Quote: “and $3 million in cash”

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