Total contracted revenues from Abernathy lease
Company: TeraWulf
The claim, verbatim
The 25-year lease with Fluidstack is expected to generate approximately $9.5 billion in total contracted revenue
Source (primary)
terawulf 8-K exhibit (tm2529509d1_ex99-3.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “~$9.5Bn in Contracted Revenues Over the 25-year contract term”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The presentation cites ~$9.5 billion in contracted revenues over the 25-year term of Fluidstack's lease, noting in a footnote that the term may be shortened to 20 or 15 years under contractual options.
Confirmed in the source:
- The Abernathy lease with Fluidstack has a 25-year contract term
- Contracted revenue over that term is approximately $9.5 billion
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925102858/tm2529509d1_ex99-3.htm) in full (7,331 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (tm2529509d1_ex99-3.htm)
Quote: “~$9.5Bn in Contracted Revenues Over the 25-year contract term”