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Google backstop arrangement finalized for Justified

Company: TeraWulf

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

The claim, verbatim

TeraWulf finalized its backstop arrangement with Google and plans to go to market for project financing sometime after the Anthropic IPO.

Source (primary)

TeraWulf COO: 83% of Revenue Now Comes From AI as Lake Mariner Nears Completion - Yahoo Finance (-, news_article)
View cached copy (2026-11-12)Live source ↗Archive.org ↗

Quote: “last week announced we finalized our backstop arrangement with Google and given the anthropic IPO, you know, we, you know, are gonna target to get in the market, you know, sometime after that IPO”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms TeraWulf COO: 83% of Revenue Now Comes From AI as Lake Mariner Nears Completion - Yahoo Finance

Quote: “last week announced we finalized our backstop arrangement with Google and given the anthropic IPO, you know, we, you know, are gonna target to get in the market, you know, sometime after that IPO”

View cached copy (2026-11-12)Live source ↗Archive.org ↗

confirms Inside CoreWeave’s Earnings! Plus, TeraWulf’s Naz Khan & SpaceX’s Anthropic Contract Cut? - Yahoo Finance

Quote: “last week announced.We finalized our backstop arrangement with Google”

View cached copy (2026-11-12)Live source ↗Archive.org ↗