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Backstop effectiveness trigger per lease

Company: TeraWulf - Project: Justified Data

Subject kind
financing
Statement date
2026-11-04
Current status
stated

The claim, verbatim

Google's backstop becomes effective separately for each lease when the final data hall under that lease reaches its commencement date.

Source (primary)

Google Backs TeraWulf’s $19B Anthropic Leases [2026] - shattered.io (-, news_article)
View cached copy (2026-11-05)Live source ↗Archive.org ↗

Quote: “it becomes effective separately for each lease when the final data hall under the corresponding lease reaches its commencement date”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms Google Backs TeraWulf’s $19B Anthropic Leases [2026] - shattered.io

Quote: “it becomes effective separately for each lease when the final data hall under the corresponding lease reaches its commencement date”

View cached copy (2026-11-05)Live source ↗Archive.org ↗