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$500M bridge facility for Hawesville data center construction

Company: TeraWulf - Project: Justified Data

Subject kind
financing
Statement date
2026-03-15
Promised amount
500.0 USD
Current status
stated

The claim, verbatim

TeraWulf entered into a $500 million delayed draw senior secured bridge facility with a 364-day term to finance construction and development of its data center facility in Hawesville, Kentucky

Source (primary)

TeraWulf 8-K filed 2026-03-16 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The Bridge Credit Agreement will provide TeraWulf with financing under a 364-day $500 million delayed draw senior secured bridge facility (the "Facility"), the proceeds of which may be used to finance the construction and development of the Company's data center facility in Hawesville, KY.”

How we checked this

Attempted on September 15, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000095014226000720/eh260751501_8k.htm) in full (8,081 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf 8-K filed 2026-03-16

Quote: “The Bridge Credit Agreement will provide TeraWulf with financing under a 364-day $500 million delayed draw senior secured bridge facility (the "Facility"), the proceeds of which may be used to finance the construction and development of the Company's data center facility in Hawesville, KY.”

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