Abernathy JV with Fluidstack
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
TeraWulf signed a majority-owned joint venture with Fluidstack for a 168 MW critical IT data center in Abernathy, Texas; TeraWulf will own 51% of the JV.
Source (primary)
Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-10-06)Live source ↗
Quote: “WULF Signs a Joint Venture with Fluidstack for a 168 MW Critical IT Data Center in Texas ... TeraWulf will own 51% of the JV”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The presentation states that TeraWulf signed a majority-owned joint venture with Fluidstack for a 168 MW critical IT data center at Abernathy, Texas, and that TeraWulf will own 51% of it.
Confirmed in the source:
- TeraWulf signed a joint venture with Fluidstack
- The joint venture is majority-owned by TeraWulf
- The JV is for a 168 MW critical IT data center
- The data center is in Abernathy, Texas
- TeraWulf will own 51% of the JV
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23305/pdf/Abernathy_JV_Announcement_Pres_Oct_2025vF.pdf) in full (7,261 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas
Quote: “WULF Signs a Joint Venture with Fluidstack for a 168 MW Critical IT Data Center in Texas ... TeraWulf will own 51% of the JV”
confirms Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas
Quote: “WULF Signs a Joint Venture with Fluidstack for a 168 MW Critical IT Data Center in Texas”