Nautilus JV with Talen
Company: TeraWulf - Project: Nautilus
The claim, verbatim
Nautilus Cryptomine Facility is joint venture between TeraWulf and Talen powered by nuclear energy from Susquehanna Station with five-year term and two successive three-year renewal options
Source (primary)
TeraWulf 10-K filed 2023-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “The Nautilus Cryptomine Facility is a joint venture between TeraWulf and Talen...has secured as its power supply zero-carbon nuclear energy received directly from a substation connected to the Susquehanna Station's electrical generators over a five-year term with two successive three-year renewal options”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The 10-K describes the Nautilus facility as a TeraWulf/Talen joint venture powered by nuclear energy from the Susquehanna Station over a five-year term with two successive three-year renewal options.
Confirmed in the source:
- Nautilus Cryptomine Facility is a joint venture between TeraWulf and Talen
- Powered by zero-carbon nuclear energy from the Susquehanna Station
- Power supply is over a five-year term with two successive three-year renewal options
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000155837023005301/wulf-20221231x10k.htm) in full (569,235 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 10-K filed 2023-03-31
Quote: “The Nautilus Cryptomine Facility is a joint venture between TeraWulf and Talen...has secured as its power supply zero-carbon nuclear energy received directly from a substation connected to the Susquehanna Station's electrical generators over a five-year term with two successive three-year renewal options”