Average annual contracted revenue
Company: TeraWulf
The claim, verbatim
Expected average annual contracted revenue of approximately $380 million from the Abernathy facility
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: “~$380MM average annual contracted revenue”
How we checked this
Checked on November 7, 2026. The cited source supports every part of this claim.
TeraWulf's deal presentation lists '~$380MM average annual contracted revenue' in its economics for the Abernathy, Texas joint venture and says this guidance covers 100% of the project.
Confirmed in the source:
- The average annual contracted revenue is approximately $380 million
- The figure relates to the Abernathy, Texas facility (the 168 MW joint venture with Fluidstack), with guidance given for 100% of the project
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: “~$380MM average annual contracted revenue”
confirms Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas
Quote: “~$380MM average annual contracted revenue”
confirms Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas
Quote: “~$380MM average annual contracted revenue”