Beowulf E&D contingent stock consideration
Company: TeraWulf
The claim, verbatim
The agreement includes up to $13 million in additional TeraWulf common stock, issuable subject to milestones tied to expanding the data center business and the project financing initiative.
Source (primary)
terawulf 8-K exhibit (wulfbedpressrelease05-27.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-14)Live source ↗
Quote: “up to $13 million in additional common stock, subject to the achievement of key milestones related to the expansion of TeraWulf’s data center business and project financing initiative”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The release describes up to $13 million in additional common stock subject to the same milestones.
Confirmed in the source:
- The agreement includes up to $13 million in additional TeraWulf common stock
- The additional stock depends on milestones tied to expanding the data center business and the project financing initiative
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000108330125000041/wulfbedpressrelease05-27.htm) in full (7,724 characters, retrieved October 14, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (wulfbedpressrelease05-27.htm)
Quote: “up to $13 million in additional common stock, subject to the achievement of key milestones related to the expansion of TeraWulf’s data center business and project financing initiative”