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Completed convertible notes offering

Company: TeraWulf

Subject kind
financing
Statement date
2025-10-30
Promised amount
1025000000.0 USD
Current status
stated

The claim, verbatim

TeraWulf completed a private offering of $1.025 billion aggregate principal amount of 0.00% Convertible Senior Notes due May 1, 2032

Source (primary)

TeraWulf 8-K filed 2025-10-31 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “On October 31, 2025, TeraWulf Inc. (the "Company") completed its previously announced private offering of 0.00% Convertible Senior Notes due 2032 (the "notes"). [...] The aggregate principal amount of notes sold in the offering was $1.025 billion, which includes $125.0 million aggregate principal amount of notes issued pursuant to an option to purchase additional notes granted to the Initial Purchasers under the purchase agreement, which the Initial Purchasers exercised in full on October 30, 2025 and which additional purchase was completed on October 31, 2025.”

How we checked this

Attempted on September 16, 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/1083301/000110465925104928/tm2529894d1_8k.htm) in full (11,866 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf 8-K filed 2025-10-31

Quote: “On October 31, 2025, TeraWulf Inc. (the "Company") completed its previously announced private offering of 0.00% Convertible Senior Notes due 2032 (the "notes"). [...] The aggregate principal amount of notes sold in the offering was $1.025 billion, which includes $125.0 million aggregate principal amount of notes issued pursuant to an option to purchase additional notes granted to the Initial Purchasers under the purchase agreement, which the Initial Purchasers exercised in full on October 30, 2025 and which additional purchase was completed on October 31, 2025.”

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