$3.2B 7.75% senior secured green notes
Company: TeraWulf - Project: Akela Data
The claim, verbatim
On October 16, TeraWulf priced a $3.2 billion offering of 7.750% senior secured notes due 2030 at par, through WULF Compute LLC, to finance 522.5 MW of HPC data centers at Lake Mariner.
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-13)Live source ↗Archive.org ↗
Quote: “On October 16th, TeraWulf priced a $3.2 billion offering of 7.750% senior secured notes due 2030 at par”
How we checked this
Checked on October 15, 2026. The cited source supports every part of this claim.
The presentation states that on October 16 TeraWulf priced $3.2B of 7.750% senior secured notes due 2030 at par, issued by WULF Compute LLC, to finance 522.5 MW of HPC data centers at Lake Mariner.
Confirmed in the source:
- TeraWulf priced the offering on October 16
- The offering was $3.2 billion
- The notes carry a 7.750% coupon
- The notes are senior secured and due 2030
- The notes were priced at par
- The notes were issued through WULF Compute LLC
- Proceeds finance construction of 522.5 MW of HPC data centers at Lake Mariner
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_513c80c486e62e4bdb70115ded3782f5/terawulf/db/2396/23306/pdf/WULF_Q3_2025_Investor_Update_%28Nov_2025%29vF.pdf) in full (31,442 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “On October 16th, TeraWulf priced a $3.2 billion offering of 7.750% senior secured notes due 2030 at par”