Nautilus 25% equity ownership with Talen holding 75%
Company: TeraWulf - Project: Nautilus
The claim, verbatim
TeraWulf holds 25% equity interest in Nautilus Cryptomine LLC joint venture with Talen holding 75%, subject to adjustment based on capital contributions
Source (primary)
TeraWulf 10-K filed 2024-03-20 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “Under the Nautilus joint venture agreement, the Company holds a 25% equity interest in Nautilus and Talen holds a 75% equity interest, each subject to adjustment based on relative capital contributions.”
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 10-K filed 2024-03-20
Quote: “Under the Nautilus joint venture agreement, the Company holds a 25% equity interest in Nautilus and Talen holds a 75% equity interest, each subject to adjustment based on relative capital contributions.”