2032 Convertible Notes outstanding
Company: TeraWulf
The claim, verbatim
The parent carries 2032 Convertible Notes of about $1.0 billion, net of unamortized debt issuance costs, as of June 30, 2026.
Source (primary)
TeraWulf Consolidating Schedules (Q2 2026) (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-10-06)Live source ↗
Quote: “2032 Convertible Notes, net of unamortized debt issuance costs 1,001,083”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The June 30, 2026 balance sheet shows $1.0 billion of convertible notes in the parent column, explained as the 2032 Convertible Notes net of issuance costs.
Confirmed in the source:
- The parent (TeraWulf Inc. Unconsolidated) carries 2032 Convertible Notes of $1,001,083 thousand (about $1.0 billion), net of unamortized debt issuance costs
- The amount is as of June 30, 2026
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: “2032 Convertible Notes, net of unamortized debt issuance costs 1,001,083”