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20 million shares issued to Riesling Power

Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory

Subject kind
financing
Statement date
2024-10-09
Promised amount
20.0 shares
Current status
stated

The claim, verbatim

TeraWulf issued 20 million shares of common stock to Riesling Power as consideration for lease termination and new lease entry

Source (primary)

TeraWulf 8-K filed 2024-10-10 (SEC EDGAR, sec_filing)
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Quote: “TeraWulf paid Somerset's parent company Riesling Power LLC ("Riesling Power") 20 million shares (the "Shares") of TeraWulf's common stock”

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 8-K filed 2024-10-10

Quote: “TeraWulf paid Somerset's parent company Riesling Power LLC ("Riesling Power") 20 million shares (the "Shares") of TeraWulf's common stock”

View cached copy (2026-08-31)Live source ↗