Google remedies under backstop
Company: TeraWulf
The claim, verbatim
If Anthropic misses rent or becomes insolvent, Google can pay the rent and take over the lease as tenant or, in certain cases, pay a termination fee that entitles it to an equity interest in Raylan Data, the TeraWulf subsidiary that is the landlord.
Source (primary)
TeraWulf’s $19B Anthropic Lease Gets a Google Backstop - FourWeekMBA (-, news_article)
View cached copy (2026-11-05)Live source ↗Archive.org ↗
Quote: “Paying that fee entitles Google to an equity interest in Raylan Data, the TeraWulf subsidiary that is the landlord under the leases.”
How we checked this
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Additional evidence
confirms TeraWulf’s $19B Anthropic Lease Gets a Google Backstop - FourWeekMBA
Quote: “Paying that fee entitles Google to an equity interest in Raylan Data, the TeraWulf subsidiary that is the landlord under the leases.”