Bridge credit facility
Company: TeraWulf - Project: Justified Data
The claim, verbatim
TeraWulf entered into a 364-day, $500 million senior secured bridge facility in March 2026 for financing construction of the Hawesville Site data center.
Source (primary)
TeraWulf 424B5 filed 2026-04-16 (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 states TeraWulf entered into a 364-day $500 million delayed draw senior secured bridge facility in March 2026 whose proceeds may be used to finance Hawesville data center construction.
Confirmed in the source:
- TeraWulf entered into a bridge facility in March 2026
- The facility is a 364-day facility
- The facility is $500 million
- The facility is senior secured
- Its 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/1083301/000110465926044031/tm2611661-8_424b5.htm) in full (226,161 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 424B5 filed 2026-04-16
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.”