Prepayment of Bridge Credit Facility
Company: TeraWulf
The claim, verbatim
TeraWulf prepaid its Bridge Credit Facility, recording a debt extinguishment cost of about $7.1 million in Q2 2026.
Source (primary)
TeraWulf Consolidating Schedules (Q2 2026) (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-10-06)Live source ↗
Quote: “Debt extinguishment cost related to prepayment of Bridge Credit Facility”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The Q2 2026 statement of operations shows a $7.1 million loss on extinguishment of debt, which the document explains as a debt extinguishment cost related to prepayment of the Bridge Credit Facility. The six-month figure is the same, which places the charge in Q2.
Confirmed in the source:
- TeraWulf prepaid its Bridge Credit Facility
- TeraWulf recorded a loss on extinguishment of debt of $7,116 thousand (about $7.1 million) for the three months ended June 30, 2026
- The extinguishment cost is attributed to the prepayment of the Bridge Credit Facility
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2476/23523/pdf/TeraWulf+Consolidating+Schedules+%28Q2+2026%29.pdf) in full (9,624 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf Consolidating Schedules (Q2 2026)
Quote: “Debt extinguishment cost related to prepayment of Bridge Credit Facility”
confirms TeraWulf Consolidating Schedules (Q2 2026)
Quote: “Debt extinguishment cost related to prepayment of Bridge Credit Facility”