Fluidstack 168 MW joint venture at Abernathy, Texas
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
TeraWulf entered into a joint venture with Fluidstack to develop and deliver 168 MW of critical IT load at the Abernathy, Texas campus, with TeraWulf holding a 51% majority stake.
Source (primary)
terawulf 8-K exhibit (tm2529509d1_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “the parties will develop and deliver 168 MW of critical IT load at the Abernathy, Texas campus... TeraWulf will hold a majority stake of 51% in the joint venture”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The press release states that TeraWulf and Fluidstack will develop and deliver 168 MW of critical IT load at Abernathy, Texas, and that TeraWulf will hold a 51% majority stake.
Confirmed in the source:
- TeraWulf entered into a joint venture with Fluidstack
- The joint venture will develop and deliver 168 MW of critical IT load
- The project is at the Abernathy, Texas campus
- TeraWulf holds a 51% majority stake in the joint venture
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925102858/tm2529509d1_ex99-1.htm) in full (9,229 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (tm2529509d1_ex99-1.htm)
Quote: “the parties will develop and deliver 168 MW of critical IT load at the Abernathy, Texas campus... TeraWulf will hold a majority stake of 51% in the joint venture”