Data center campus construction in Abernathy, Texas
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
TeraWulf intends to use net proceeds from the convertible notes offering to fund a portion of the cost of construction of a data center campus in Abernathy, Texas
Source (primary)
terawulf 8-K exhibit (tm2529509d2_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “intends to use the net proceeds to fund a portion of the cost of construction of a data center campus in Abernathy, Texas”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The press release says the net proceeds will fund part of the construction cost of a data center campus in Abernathy, Texas. It also lists general corporate purposes as a use.
Confirmed in the source:
- TeraWulf intends to use net proceeds from the convertible notes offering to fund a portion of the cost of building a data center campus in Abernathy, Texas.
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925103439/tm2529509d2_ex99-1.htm) in full (7,763 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (tm2529509d2_ex99-1.htm)
Quote: “intends to use the net proceeds to fund a portion of the cost of construction of a data center campus in Abernathy, Texas”