$500 million Bridge Credit Facility
Company: TeraWulf - Project: Justified Data
The claim, verbatim
Entered into 364-day, $500 million delayed draw senior secured bridge facility in March 2026 for Hawesville data center construction
Source (primary)
TeraWulf 424B5 filed 2026-04-15 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “In March 2026, we entered into a 364-day $500 million delayed draw senior secured bridge facility (the "Bridge Credit Facility"), the proceeds of which may be used to finance the construction of a data center at the Hawesville Site.”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The filing describes the March 2026 364-day $500 million delayed draw senior secured bridge facility and its possible use for Hawesville data center construction.
Confirmed in the source:
- TeraWulf entered into the bridge facility in March 2026
- The facility is 364-day
- The facility is $500 million
- It is a delayed draw senior secured bridge facility
- Proceeds may be used to finance construction of a data center at the Hawesville Site
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465926043376/tm2611661-6_424b5.htm) in full (221,840 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 424B5 filed 2026-04-15
Quote: “In March 2026, we entered into a 364-day $500 million delayed draw senior secured bridge facility (the "Bridge Credit Facility"), the proceeds of which may be used to finance the construction of a data center at the Hawesville Site.”