Google backstop and warrant pledge
Company: TeraWulf
The claim, verbatim
A $3.2 billion Google lease backstop fully covers the debt exposure, alongside a ~$850 million warrant pledge representing ~14% of WULF equity.
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-11-05)Live source ↗Archive.org ↗
Quote: “$3.2B Google lease backstop fully covers debt exposure ➢ ~$850M warrant pledge (~14% WULF equity)”
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 Investor Presentation
Quote: “$3.2B Google lease backstop fully covers debt exposure ➢ ~$850M warrant pledge (~14% WULF equity)”