Convertible Notes Offering
Company: TeraWulf
What the later record shows
Delivered; the record does not say when
The company completed the 2.75% convertible notes due 2030 offering in October 2024, with $500 million principal outstanding. The passages give only the month, so it cannot be confirmed that closing occurred by October 25.
“In October 2024, the Company completed a private offering of 2.75 % convertible senior notes due 2030”
2025-03-02 · TeraWulf 10-K filed 2025-03-03 View cached copy (2026-08-31)Live source ↗
“Convertible notes $ 500,000 $ 500,000 Debt issuance costs ( 11,284 ) ( 12,498 ) Total convertible notes outstanding 488,716 487,502”
2025-08-07 · TeraWulf 10-Q filed 2025-08-08 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Company announced an offering of $425.0 million principal amount of 2.75% Convertible Senior Notes due 2030
Source (primary)
TeraWulf 8-K filed 2024-10-24 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “issued a press release announcing the upsize and pricing of its private offering of $425.0 million aggregate principal amount of its 2.75% Convertible Senior Notes due 2030”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The 8-K states that TeraWulf announced the upsize and pricing of a private offering of $425.0 million aggregate principal amount of 2.75% Convertible Senior Notes due 2030, which covers every part of the claim.
Confirmed in the source:
- TeraWulf announced an offering of its Convertible Senior Notes (press release dated October 23, 2024, announcing the upsize and pricing of a private offering)
- The offering was for $425.0 million aggregate principal amount
- The notes carry a 2.75% interest rate
- The notes are due in 2030
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000095014224002628/eh240548495_8k.htm) in full (6,574 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2024-10-24
Quote: “issued a press release announcing the upsize and pricing of its private offering of $425.0 million aggregate principal amount of its 2.75% Convertible Senior Notes due 2030”
confirms TeraWulf 10-K filed 2025-03-03
Quote: “In October 2024, the Company completed a private offering of 2.75 % convertible senior notes due 2030”
confirms TeraWulf 10-Q filed 2025-08-08
Quote: “Convertible notes $ 500,000 $ 500,000 Debt issuance costs ( 11,284 ) ( 12,498 ) Total convertible notes outstanding 488,716 487,502”