Abernathy JV 168 MW HPC lease
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
168 MW of capacity at Abernathy JV (Google-backed Fluidstack) with approximately $9.5 billion in total contracted revenues, expected online 2026
Source (primary)
terawulf 8-K exhibit (wulfq32025investorupdate.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “168 MW Abernathy JV 2 (expected online 2026) / ~$9.5B total contracted revenues”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The presentation lists 168 MW at the Abernathy JV leased by Google-backed Fluidstack with about $9.5B in total contracted revenues, expected online in 2026. A footnote says these are total figures for a JV that is up to 51% owned by TeraWulf.
Confirmed in the source:
- Abernathy JV has 168 MW of capacity
- The Abernathy capacity is leased by Fluidstack, which is backed by Google
- The Abernathy lease carries approximately $9.5 billion in total contracted revenues
- The Abernathy capacity is expected online in 2026
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000108330125000096/wulfq32025investorupdate.htm) in full (31,516 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (wulfq32025investorupdate.htm)
Quote: “168 MW Abernathy JV 2 (expected online 2026) / ~$9.5B total contracted revenues”