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WULF Compute $3.2B senior secured notes for Lake Mariner

Company: TeraWulf

Subject kind
financing
Statement date
2026-10-25
Promised amount
3200000000.0 USD
Current status
stated

The claim, verbatim

Subsidiary WULF Compute raised $3.2 billion in senior secured notes last year to help fund part of the build-out at its Lake Mariner campus in New York.

Source (primary)

TeraWulf CEO Paul Prager Turns Elon Musk’s ‘Stranded Compute’ Warning Into A Buying Pitch - Stocktwits (-, news_article)
View cached copy (2026-10-26)Live source ↗Archive.org ↗

Quote: “WULF Compute, a subsidiary, raised $3.2 billion in senior secured notes last year to help fund part of the build-out at its Lake Mariner campus in New York.”

How we checked this

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Additional evidence

confirms TeraWulf CEO Paul Prager Turns Elon Musk’s ‘Stranded Compute’ Warning Into A Buying Pitch - Stocktwits

Quote: “WULF Compute, a subsidiary, raised $3.2 billion in senior secured notes last year to help fund part of the build-out at its Lake Mariner campus in New York.”

View cached copy (2026-10-26)Live source ↗Archive.org ↗