Google warrants outstanding
Company: TeraWulf
The claim, verbatim
TeraWulf has outstanding warrants held by Google, carried as a warrant liability.
Source (primary)
TeraWulf Consolidating Schedules (Q1 2026) (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-10-06)Live source ↗
Quote: “Fair value of Google Warrants”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The balance sheet shows a warrant liability of about $98.6 million and identifies it as the fair value of the Google Warrants. A related fair-value change also appears in the income statement.
Confirmed in the source:
- TeraWulf reports warrant liabilities of $98,573 thousand as of March 31, 2026
- The warrant liability is explained as the fair value of the Google Warrants
- TeraWulf records a change in fair value of the Google Warrants in its statement of operations
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2476/23511/pdf/WULF+Consolidating+Schedules+%28Q1+2026%29.pdf) in full (6,664 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf Consolidating Schedules (Q1 2026)
Quote: “Fair value of Google Warrants”