Fluidstack 25-year $9.5 billion hosting contract
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
TeraWulf's joint venture with Fluidstack includes a 25-year hosting commitment representing approximately $9.5 billion in contracted revenue.
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 25-year hosting commitment represents approximately $9.5 billion in contracted revenue to the joint venture”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The release says the 25-year hosting commitment represents about $9.5 billion in contracted revenue to the joint venture. A footnote adds that the term may be shortened to 20 or 15 years under certain contractual options.
Confirmed in the source:
- The Fluidstack joint venture includes a 25-year hosting commitment
- The commitment represents approximately $9.5 billion in contracted revenue
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 25-year hosting commitment represents approximately $9.5 billion in contracted revenue to the joint venture”