Abernathy JV interest monetization
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
TeraWulf is monetizing a $530 million sale of a 50.1% interest in its Abernathy joint venture.
Source (primary)
TeraWulf Falls 5% as AI Infrastructure Names Extend a Month-Long Slide; IREN Drops 4%, Applied Digital Declines 3% - 24/7 Wall St. (-, news_article)
View cached copy (2026-09-19)Live source ↗
Quote: “Management is monetizing its $530 million sale of a 50.1% Abernathy JV interest”
How we checked this
Checked on September 24, 2026. The cited source supports every part of this claim.
The article states that management is monetizing its $530 million sale of a 50.1% Abernathy JV interest.
Confirmed in the source:
- TeraWulf is monetizing a sale of an interest in its Abernathy joint venture
- The sale is valued at $530 million
- The interest sold is 50.1%
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/09/15/terawulf-falls-5-as-ai-infrastructure-names-extend-a-month-long-slide-iren-drops-4-applied-digital-declines-3/) in full (14,146 characters, retrieved September 19, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf Falls 5% as AI Infrastructure Names Extend a Month-Long Slide; IREN Drops 4%, Applied Digital Declines 3% - 24/7 Wall St.
Quote: “Management is monetizing its $530 million sale of a 50.1% Abernathy JV interest”