Financing ·
TeraWulf amends credit agreement to increase revolving facility commitments from $250M to approx $400M
WULFTerawulf Inc.
On October 23, 2026, TeraWulf Inc. entered into Amendment No. 1 to its Existing Credit Agreement with Morgan Stanley Senior Funding, Inc., as administrative agent. The amendment increases total commitments under the senior secured revolving credit facility from $250 million to approximately $400 million. It also introduces an uncommitted accordion feature allowing for an additional increase of approximately $150 million, subject to lender availability and other conditions, while eliminating a previous $150 million sublimit on letters of credit. The filing incorporates this information under Item 2.03 regarding the creation of a direct financial obligation.