~14% WULF stake for lenders
Company: TeraWulf
The claim, verbatim
An approximately 14% stake in WULF is structured for the benefit of lenders during construction.
Source (primary)
WULF Expands Fluidstack Deal (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-10-06)Live source ↗
Quote: “~14% Stake in WULF Structured for Benefit of Lenders During Construction”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The presentation states a ~14% stake in WULF is structured for the benefit of lenders during construction.
Confirmed in the source:
- An approximately 14% stake in WULF is structured for the benefit of lenders during construction
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23304/pdf/WULF_Expands_Fluidstack_Deal_August_2025.pdf) in full (11,936 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WULF Expands Fluidstack Deal
Quote: “~14% Stake in WULF Structured for Benefit of Lenders During Construction”
