jain.com

~$30M debt repayment in first week of April 2024

Company: TeraWulf

Subject kind
financing
Statement date
2024-03-05
Promised by
2024-04-07
Promised amount
30000000.0 USD
Current status
verified

What the later record shows

Delivered; the record does not say when · happened April 30, 2024

The Q1 2024 release reports a $30.2 million repayment in April 2024 that brought debt to $75.8 million, which matches the promise. It gives no exact date, so it cannot be confirmed that the payment fell in the first week of April.

“followed by an additional $30.2 million repayment in April 2024, collectively reducing the debt balance to $75.8 million”
2024-05-12 · terawulf 8-K exhibit (aex991xearningsreleasexq12.htm) View cached copy (2026-11-06)Live source ↗

Checked November 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

TeraWulf expects to repay about $30.0 million of debt during the first week of April 2024, reducing the debt balance to $76.0 million.

Source (primary)

terawulf 8-K exhibit (wulf23resultsand24outloo.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-09)Live source ↗

Quote: “The Company anticipates an additional repayment of approximately $30.0 million during the first week of April, thereby reducing the debt balance to $76.0 million.”

How we checked this

Checked on November 10, 2026. The cited source supports every part of this claim.

The March 2024 release states the expected April repayment and the resulting $76.0 million balance.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000108330124000053/wulf23resultsand24outloo.htm) in full (18,117 characters, retrieved November 9, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms terawulf 8-K exhibit (wulf23resultsand24outloo.htm)

Quote: “The Company anticipates an additional repayment of approximately $30.0 million during the first week of April, thereby reducing the debt balance to $76.0 million.”

View cached copy (2026-11-09)Live source ↗

confirms terawulf 8-K exhibit (aex991xearningsreleasexq12.htm)

Quote: “followed by an additional $30.2 million repayment in April 2024, collectively reducing the debt balance to $75.8 million”

View cached copy (2026-11-06)Live source ↗

Record of changes

November 9, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
November 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.