No leases that force equity issuance at depressed valuation
Company: TeraWulf
The claim, verbatim
TeraWulf's CEO said the company will not sign a lease that forces it to issue equity at a valuation management believes does not reflect the company's value.
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 are not going to sign a lease that forces us to issue equity at a valuation we do not believe reflects the value of the company.”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The article quotes CEO Paul Prager saying TeraWulf will not sign a lease that forces it to issue equity at a valuation it believes does not reflect the company's value.
Confirmed in the source:
- Paul Prager is TeraWulf's Chairman and Chief Executive Officer
- Prager said the company is not going to sign a lease that forces it to issue equity at a valuation management does not believe reflects the company's value
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 are not going to sign a lease that forces us to issue equity at a valuation we do not believe reflects the value of the company.”
confirms TeraWulf: 3 Key Takeaways for Long-Term Investors - Yahoo Finance
Quote: “we are not going to sign a lease that forces us to issue equity at a valuation we do not believe reflects the value of the company.”