Debt balance ~$106M after $18.6M voluntary prepayment
Company: TeraWulf
The claim, verbatim
After $21.4 million in 2023 excess cash flow sweep payments and an $18.6 million voluntary prepayment in February 2024, total debt was about $106.0 million at the end of February 2024.
Source (primary)
terawulf 8-K exhibit (wulf23resultsand24outloo.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-11-09)Live source ↗
Quote: “Following significant debt repayments totaling $21.4 million related to 2023 quarterly excess cash flow sweep payments and an $18.6 million voluntary prepayment in February 2024, TeraWulf's total debt balance was approximately $106.0 million as of the end of February.”
How we checked this
Checked on November 10, 2026. The cited source supports every part of this claim.
The release states all three figures, and its table shows a $106.0 million term loan balance at February 29, 2024.
Confirmed in the source:
- TeraWulf made $21.4 million in debt repayments related to 2023 quarterly excess cash flow sweep payments
- TeraWulf made an $18.6 million voluntary prepayment in February 2024
- Total debt was approximately $106.0 million at the end of February 2024
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: “Following significant debt repayments totaling $21.4 million related to 2023 quarterly excess cash flow sweep payments and an $18.6 million voluntary prepayment in February 2024, TeraWulf's total debt balance was approximately $106.0 million as of the end of February.”