Tools / Counterparty profiles / TeraWulf
Counterparty profile · Data centre developer
TeraWulf: what it has signed
TeraWulf is the landlord in one recognition agreement, the sponsor in one note issue and the joint venture partner in one note issue filed on SEC EDGAR. This page sets out the financings and what those contracts say, clause by clause, in the filed wording. TeraWulf on the deal register.
- Filed contracts
- 1
- Clauses covered
- 6
- Filed extracts
- 13
- Filed financings
- 2
The financings
Filed GPU loans and notes
Two filed financings, $4,500m of loan commitments and notes in all. Each links to its checked summary, where the terms in-house teams negotiate first are quoted from the filed credit agreement or indenture.
| Financing | TeraWulf is the | Signed | Size | Lenders or security | Source |
|---|---|---|---|---|---|
| WULF Compute 7.75% senior secured notes due 2030 Project notes | Sponsor | 23 October 2025 | $3,200m | Lake Mariner CB-3 to CB-5, New York, leased to Fluidstack with Google support | Filing |
| Flash Compute 7.25% senior secured notes due 2030 Project notes | Joint venture partner | 29 December 2025 | $1,300m | Abernathy, Texas, leased to Fluidstack with Google support | Filing |
Other profiles
Method
Built only from the contract library and the filed financings: the contracts and credit agreements above are public SEC exhibits, each extract is checked against the filed text, and each summary row must be supported by its extracts. A contract shows what was agreed in that deal, at that date; it does not show what TeraWulf would agree today, and its defined terms and other clauses can change the effect. Nothing here comments on any company. General information drawn from public filings. It is not legal advice on any transaction, and using this page does not create a lawyer-client relationship. Views are personal.
