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Somerset lease annual rent commitment

Company: TeraWulf - Project: Akela Data

Subject kind
financing
Statement date
2025-05-26
Promised amount
281398.2 USD
Current status
stated

The claim, verbatim

Annual rent for Somerset data center premises is $281,398.20, subject to annual adjustments based on Consumer Price Index

Source (primary)

TeraWulf 8-K filed 2025-05-27 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “The annual rent for the Premises is $281,398.20, payable in advance in equal monthly installments of $23,449.85, subject to annual adjustments based on the change in the Consumer Price Index”

How we checked this

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

Additional evidence

confirms TeraWulf 8-K filed 2025-05-27

Quote: “The annual rent for the Premises is $281,398.20, payable in advance in equal monthly installments of $23,449.85, subject to annual adjustments based on the change in the Consumer Price Index”

View cached copy (2026-08-31)Live source ↗