---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-099020"
form_type: "8-K"
ticker: "WULF"
cik: "0001083301"
company_name: "TERAWULF INC."
filed_at: "2025-10-14T23:59:59+00:00"
generated_at: "2026-05-17T03:50:46.592246+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# TeraWulf subsidiary proposes $3.2B senior secured notes offering due 2030

## Summary
- WULF Compute LLC to offer $3.2B senior secured notes due 2030 to qualified institutional buyers.
- Net proceeds to finance data center expansion at Lake Mariner campus in Barker, NY.
- Notes guaranteed by subsidiaries; secured by assets, equity, lockbox, and Google LLC warrant pledge.
- TeraWulf to provide completion guarantees for the data center expansion.
- Offering subject to market conditions; Morgan Stanley sole bookrunner.

## SEC filing metadata
- accession: 0001104659-25-099020
- form_type: 8-K
- ticker: WULF
- cik: 0001083301
- company_name: TERAWULF INC.
- filed_at: 2025-10-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1083301/000110465925099020/0001104659-25-099020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1083301/000110465925099020/tm2528632d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-099020
- JSON: https://secwatch.observer/filing/0001104659-25-099020.json
- Plain text: https://secwatch.observer/filing/0001104659-25-099020.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.