Google Credit Support - Akela Fluidstack Leases
Company: TeraWulf - Project: Akela Data
The claim, verbatim
The Akela Fluidstack Leases benefit from substantial credit support provided by Google supporting Fluidstack's payment and performance obligations, materially enhancing credit quality and bankability of contracted revenues
Source (primary)
View 10-K PDF (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “The Akela Fluidstack Leases benefit from substantial credit support provided by Google, which supports Fluidstack's payment and performance obligations under the leases and materially enhances the credit quality and bankability of our contracted lease revenues.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The filing describes Google's credit support for the Akela Fluidstack leases in essentially the same terms as the claim.
Confirmed in the source:
- The Akela Fluidstack leases benefit from substantial credit support provided by Google
- Google's credit support covers Fluidstack's payment and performance obligations under the leases
- The filing says this credit support materially enhances the credit quality and bankability of the contracted lease revenues
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: “The Akela Fluidstack Leases benefit from substantial credit support provided by Google, which supports Fluidstack's payment and performance obligations under the leases and materially enhances the credit quality and bankability of our contracted lease revenues.”