Google backstop guarantee for Fluidstack lease obligations
Company: TeraWulf
The claim, verbatim
Google has provided a backstop guarantee of Fluidstack's obligations under certain HPC data center leases at TeraWulf facilities.
Source (primary)
View 10-K PDF (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Google's Backstop of Fluidstack's obligations under the applicable Fluidstack Leases”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing refers to Google's backstop of Fluidstack's obligations under the Fluidstack leases, which it defines as the Akela and Abernathy leases. The filing notes the backstop only takes effect after each lease commences.
Confirmed in the source:
- Google provides a backstop of Fluidstack's obligations under the applicable Fluidstack leases
- The Fluidstack leases cover HPC data center capacity at TeraWulf's Lake Mariner (Akela) and Abernathy facilities
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://investors.terawulf.com/sec-filings/all-sec-filings/content/0001083301-26-000031/0001083301-26-000031.pdf) in full (556,251 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms View 10-K PDF
Quote: “Google's Backstop of Fluidstack's obligations under the applicable Fluidstack Leases”