Beowulf E&D acquisition completed
Company: TeraWulf
The claim, verbatim
TeraWulf completed the acquisition of Beowulf E&D for $19 million
Source (primary)
terawulf 8-K exhibit (wulfq32025investorupdate.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “$19 million paid for the acquisition of Beowulf E&D”
How we checked this
Checked on September 28, 2026. The cited source supports part of this claim, but not all of it.
A cash-flow footnote says $19 million was paid in Q3 2025 for the acquisition of Beowulf E&D, which indicates the deal closed. It does not state the total purchase price, and the statements also show contingent consideration, so $19 million may not be the full cost.
Confirmed in the source:
- TeraWulf paid $19 million in Q3 2025 for the acquisition of Beowulf E&D
We could not confirm this from the cited source:
- That $19 million was the total purchase price for Beowulf E&D
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
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: “$19 million paid for the acquisition of Beowulf E&D”