jain.com

Investment-grade credit support required before signing leases

Company: TeraWulf

Subject kind
financing
Statement date
2026-11-07
Current status
stated

The claim, verbatim

TeraWulf's CFO said the company requires investment-grade credit support before signing leases and committing capital, to keep its cost of capital efficient.

Source (primary)

TeraWulf: 3 Key Takeaways for Long-Term Investors - The Motley Fool (-, news_article)
View cached copy (2026-11-08)Live source ↗Archive.org ↗

Quote: “We have to have investment grade support so that the cost of capital is efficient for us and that we create durable equity value when we sign leases.”

How we checked this

Checked on November 9, 2026. The cited source supports every part of this claim.

The article says management requires investment-grade credit support before committing capital. It quotes CFO Patrick Fleury saying this support is needed so the cost of capital is efficient when the company signs leases.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.fool.com/earnings/takeaways/2026/11/07/terawulf-3-key-takeaways-for-long-term-investors/) in full (8,427 characters, retrieved November 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf: 3 Key Takeaways for Long-Term Investors - The Motley Fool

Quote: “We have to have investment grade support so that the cost of capital is efficient for us and that we create durable equity value when we sign leases.”

View cached copy (2026-11-08)Live source ↗Archive.org ↗