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Kentucky brownfield site acquisition

Company: TeraWulf

Subject kind
acquisition
Statement date
2026-02-25
Promised by
2026-03-01
Current status
verified

What the later record shows

Delivered on time · happened February 2, 2026

The Kentucky (MISO) site is the Hawesville site. The 10-Q says the purchase agreement was entered on February 2, 2026 and records the transaction's total consideration, so the acquisition happened within the expected window.

“On February 2, 2026, the Company entered into an Agreement of Purchase and Sale for a former industrial site in Hawesville, Kentucky”
2026-05-07 · TeraWulf 10-Q filed 2026-05-08 View cached copy (2026-08-31)Live source ↗
“The total consideration for the transaction was approximately $ 301.9 million including cash consideration and the fair value of minority equity interest granted.”
2026-05-07 · TeraWulf 10-Q filed 2026-05-08 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

Acquisition of brownfield site in Kentucky (MISO region) expected subsequent to year-end 2025

Source (primary)

terawulf 8-K exhibit (a_wulfearningsrelease2026-.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-13)Live source ↗

Quote: “TeraWulf expects to expand its infrastructure portfolio through its acquisition of a site in Kentucky (MISO)”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The release says that subsequent to year-end TeraWulf expects to expand through its acquisition of a Kentucky (MISO) site. It describes that site as a strategically located brownfield site.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000108330126000026/a_wulfearningsrelease2026-.htm) in full (26,590 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms terawulf 8-K exhibit (a_wulfearningsrelease2026-.htm)

Quote: “TeraWulf expects to expand its infrastructure portfolio through its acquisition of a site in Kentucky (MISO)”

View cached copy (2026-09-13)Live source ↗

confirms TeraWulf 10-Q filed 2026-05-08

Quote: “On February 2, 2026, the Company entered into an Agreement of Purchase and Sale for a former industrial site in Hawesville, Kentucky”

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

Record of changes

September 13, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 14, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — verified
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.