Google Warrants
Company: TeraWulf
The claim, verbatim
TeraWulf holds Google Warrants with fair value of $46,316 thousand
Source (primary)
TeraWulf Consolidating Schedules (FY 2025) (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-09-01)Live source ↗
Quote: “Fair value of Google Warrants”
How we checked this
Checked on October 10, 2026. The cited source supports part of this claim, but not all of it.
The $46,316 thousand figure matches the fair value of the Google Warrants. However, the document lists them under current liabilities as warrant liabilities, which means TeraWulf owes them rather than holds them.
Confirmed in the source:
- The fair value of the Google Warrants was $46,316 thousand as of December 31, 2025
We could not confirm this from the cited source:
- TeraWulf holds Google Warrants as an asset (the document records the Google Warrants as a warrant liability of TeraWulf, not as warrants TeraWulf holds)
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2476/23464/pdf/WULF_Consolidating_Schedules_%28FYE_2025%29.pdf) in full (6,760 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf Consolidating Schedules (FY 2025)
Quote: “Fair value of Google Warrants”