Employee trust annual funding commitment
Company: TeraWulf
The claim, verbatim
TeraWulf will fund an eligible employee trust annually with 2% of the Company's annual capital expenditures for HPC and AI data center development
Source (primary)
TeraWulf 8-K filed 2025-05-27 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “fund the trust annually with an amount equal to 2% of the Company's annual capital expenditures, calculated in accordance U.S. GAAP, for the development and build out TeraWulf's high-performance computing and artificial intelligence data centers”
How we checked this
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Additional evidence
confirms TeraWulf 8-K filed 2025-05-27
Quote: “fund the trust annually with an amount equal to 2% of the Company's annual capital expenditures, calculated in accordance U.S. GAAP, for the development and build out TeraWulf's high-performance computing and artificial intelligence data centers”