Senior secured notes offering by WULF Compute LLC
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
What the later record shows
Delivered on time · happened October 22, 2025
The 10-Q and 10-K state that WULF Compute completed the $3.2 billion 7.75% senior secured notes offering on October 22, 2025, one day ahead of the expected October 23 close.
“On October 22, 2025, the Company, through its subsidiary WULF Compute, completed a private offering of $ 3,200.0 million aggregate principal amount”
2025-11-09 · TeraWulf 10-Q filed 2025-11-10 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
WULF Compute LLC priced an offering of $3.2 billion aggregate principal amount of 7.750% senior secured notes due 2030 at an issue price of 100%, expected to close on October 23, 2025
Source (primary)
TeraWulf 8-K filed 2025-10-16 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “WULF Compute LLC, its wholly-owned indirect subsidiary, priced its offering of $3.2 billion aggregate principal amount of 7.750% senior secured notes due 2030 (the "Offering") at an issue price of 100%. The Offering is expected to close on October 23, 2025, subject to market and other conditions.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
TeraWulf's 8-K states that its subsidiary WULF Compute LLC priced $3.2 billion of 7.750% senior secured notes due 2030 at 100%, expected to close October 23, 2025, subject to market and other conditions.
Confirmed in the source:
- WULF Compute LLC priced a senior secured notes offering
- The offering is $3.2 billion aggregate principal amount
- The notes carry a 7.750% interest rate
- The notes are due 2030
- The issue price is 100%
- The offering is expected to close on October 23, 2025
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465925100142/tm2528904d1_8k.htm) in full (5,231 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2025-10-16
Quote: “WULF Compute LLC, its wholly-owned indirect subsidiary, priced its offering of $3.2 billion aggregate principal amount of 7.750% senior secured notes due 2030 (the "Offering") at an issue price of 100%. The Offering is expected to close on October 23, 2025, subject to market and other conditions.”
confirms TeraWulf 10-Q filed 2025-11-10
Quote: “On October 22, 2025, the Company, through its subsidiary WULF Compute, completed a private offering of $ 3,200.0 million aggregate principal amount”