TeraWulf equity interest in Nautilus
Company: TeraWulf - Project: Nautilus
The claim, verbatim
TeraWulf holds 25% equity interest in Nautilus; Talen holds 75%, subject to adjustment based on capital contributions
Source (primary)
TeraWulf S-3/A filed 2024-03-08 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “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
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states the 25%/75% split and the adjustment condition.
Confirmed in the source:
- TeraWulf holds a 25% equity interest in Nautilus and Talen holds a 75% equity interest
- The equity interests are subject to adjustment based on relative capital contributions
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330124000058/terawulfincs-3a3tobefiled.htm) in full (101,409 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf S-3/A filed 2024-03-08
Quote: “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.”