Cayuga property purchase option
Company: TeraWulf
The claim, verbatim
TeraWulf subsidiary may purchase Cayuga premises for $100 after August 12, 2075, or Cayuga landlord may require purchase on same terms
Source (primary)
TeraWulf 8-K filed 2025-08-14 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Any time after the 50th anniversary of the Effective Date (i) TW Tenant may elect to purchase the Premises for $100, either as an asset acquisition or though the purchase of all membership interests in Cayuga Landlord, and (ii) Cayuga Landlord and Cayuga Landlord Parent may require TW Tenant to purchase the Premises on the same terms.”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The filing describes a $100 purchase option and a matching put right that apply after the 50th anniversary of the August 12, 2025 Effective Date, which falls on August 12, 2075.
Confirmed in the source:
- The tenant, TeraWulf subsidiary Lake Hawkeye LLC, may elect to purchase the Cayuga premises for $100
- The purchase right applies any time after the 50th anniversary of the August 12, 2025 Effective Date, which is August 12, 2075
- The Cayuga landlord and its parent may require the tenant to purchase the premises on the same terms
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465925078086/tm2523008d1_8k.htm) in full (13,360 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2025-08-14
Quote: “Any time after the 50th anniversary of the Effective Date (i) TW Tenant may elect to purchase the Premises for $100, either as an asset acquisition or though the purchase of all membership interests in Cayuga Landlord, and (ii) Cayuga Landlord and Cayuga Landlord Parent may require TW Tenant to purchase the Premises on the same terms.”