Convertible Senior Notes Due 2030
Company: TeraWulf
The claim, verbatim
TeraWulf has Convertible Senior Notes of $488.1 million outstanding as of March 31, 2025, due in 2030
Source (primary)
TeraWulf 10-Q filed 2025-05-09 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Convertible notes $ 488,109”
How we checked this
Checked on September 17, 2026. The cited source supports part of this claim, but not all of it.
The 10-Q reports convertible notes of $488.1 million at March 31, 2025, and the notes are due in 2030. However, $488.1 million is the carrying value net of issuance costs; the outstanding principal is $500.0 million.
Confirmed in the source:
- TeraWulf reported convertible notes of $488.1 million on its balance sheet as of March 31, 2025
- TeraWulf's 2.75% Convertible Senior Notes mature on February 1, 2030
We could not confirm this from the cited source:
- That $488.1 million is the amount of Convertible Senior Notes outstanding; the filing gives outstanding principal as $500.0 million, and $488.1 million is the carrying value after $11.9 million of unamortized debt issuance costs
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330125000038/wulf-20250331.htm) in full (161,839 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 10-Q filed 2025-05-09
Quote: “Convertible notes $ 488,109”