Exclusive expansion rights with Fluidstack
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
TeraWulf has exclusive rights for the next Fluidstack project exceeding 168 MW and reserved expansion rights at the Abernathy campus
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: “WULF to have exclusive right on next Fluidstack project > 168 MW”
How we checked this
Checked on September 29, 2026. The cited source supports every part of this claim.
The presentation states WULF will have an exclusive right on the next Fluidstack project above 168 MW and that Abernathy expansion is reserved for a follow-on JV deployment with TeraWulf keeping development rights.
Confirmed in the source:
- TeraWulf has an exclusive right on the next Fluidstack project larger than 168 MW
- Expansion at the Abernathy campus is reserved, with TeraWulf maintaining expansion control and development rights there
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: “WULF to have exclusive right on next Fluidstack project > 168 MW”