TeraWulf convertible notes
Company: TeraWulf
The claim, verbatim
TeraWulf has $2.5 billion of convertible notes outstanding (2030, 2031, 2032 series).
Source (primary)
Q1 2026 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “$2.5B Convertible Notes @ TeraWulf”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The net debt breakdown lists $2.5 billion of Convertible Notes at TeraWulf, and the capitalization table shows 2030, 2031 and 2032 convertible note series.
Confirmed in the source:
- TeraWulf has $2.5 billion of convertible notes as of March 31, 2026
- The convertible notes comprise 2030, 2031 and 2032 series
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23490/pdf/TeraWulf+Q1+2026+Investor+Presentation+%28May+2026%29.pdf) in full (27,753 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q1 2026 Earnings Update Presentation
Quote: “$2.5B Convertible Notes @ TeraWulf”