Annual lease rent for Somerset Premises
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
Annual rent for Somerset Premises is $281,398.20 payable monthly ($23,449.85/month) in advance, subject to annual Consumer Price Index adjustments
Source (primary)
TeraWulf 8-K filed 2024-10-10 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The annual rent for the Premises is $281,398.20, payable in advance in equal monthly installments of $23,449.85, subject to annual adjustments based on the change in the Consumer Price Index”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing states the annual rent, the monthly installment amount paid in advance, and annual CPI adjustments.
Confirmed in the source:
- Annual rent is $281,398.20
- Rent is payable in advance in equal monthly installments of $23,449.85
- Rent is subject to annual Consumer Price Index adjustments
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330124000136/wulf-20241009.htm) in full (12,787 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2024-10-10
Quote: “The annual rent for the Premises is $281,398.20, payable in advance in equal monthly installments of $23,449.85, subject to annual adjustments based on the change in the Consumer Price Index”