Sale of 50.1% Abernathy JV interest
Company: TeraWulf
What the later record shows
Not a promise: a reported event · happened July 6, 2026
The August statement reports a sale already completed on July 6. The July 8-K confirms the Abernathy JV interest sale agreement on that closing date.
“On July 6, 2026 (the “Closing Date”), the Company announced that Big Country Wulf LLC, a subsidiary of the Company (the “TeraWulf Member”), entered into a Membership Interest Purchase Agreement”
2026-07-05 · TeraWulf 8-K filed 2026-07-06 View cached copy (2026-08-31)Live source ↗
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
TeraWulf sold its 50.1% membership interest in the Abernathy Joint Venture on July 6 for aggregate cash consideration of approximately $530 million.
Source (primary)
TeraWulf Consolidating Schedules (Q2 2026) (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-10-06)Live source ↗
Quote: “TeraWulf’s 50.1% membership interest in the Abernathy JV was sold on July 6 for aggregate cash consideration of approximately $530 million”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The consolidating schedules state directly that TeraWulf's 50.1% membership interest in the Abernathy JV was sold on July 6 for aggregate cash consideration of approximately $530 million.
Confirmed in the source:
- TeraWulf held a 50.1% membership interest in the Abernathy Joint Venture
- That interest was sold on July 6
- The aggregate cash consideration was approximately $530 million
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2476/23523/pdf/TeraWulf+Consolidating+Schedules+%28Q2+2026%29.pdf) in full (9,624 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf Consolidating Schedules (Q2 2026)
Quote: “TeraWulf’s 50.1% membership interest in the Abernathy JV was sold on July 6 for aggregate cash consideration of approximately $530 million”
confirms TeraWulf Consolidating Schedules (Q2 2026)
Quote: “TeraWulf’s 50.1% membership interest in the Abernathy JV was sold on July 6 for aggregate cash consideration of approximately $530 million”