Google backstop on Anthropic lease
Company: TeraWulf
The claim, verbatim
Google provides a backstop for customer Anthropic's obligations, which falls away once Anthropic achieves a certain investment-grade rating.
Source (primary)
TeraWulf Inc (WULF) (Q3 2026) Earnings Call Highlights: Securing Hyperscaler Backstops and ... - Yahoo! Finance Canada (-, news_article)
View cached copy (2026-11-07)Live source ↗Archive.org ↗
Quote: “once a customer like Anthropic achieves a certain investment-grade rating, the Google backstop falls away”
How we checked this
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Additional evidence
confirms TeraWulf Inc (WULF) (Q3 2026) Earnings Call Highlights: Securing Hyperscaler Backstops and ... - Yahoo! Finance Canada
Quote: “once a customer like Anthropic achieves a certain investment-grade rating, the Google backstop falls away”