Fluidstack Abernathy contracted revenue
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
~$9.5 billion in contracted revenues over the 25-year contract term for the 168 MW Abernathy lease.
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: “~$9.5Bn in Contracted Revenues Over the 25-year contract term”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The presentation states about $9.5 billion in contracted revenues over the 25-year term for the 168 MW Abernathy project. A footnote says the lease term may be shortened to 20 or 15 years under certain contractual options.
Confirmed in the source:
- About $9.5 billion in contracted revenues
- Revenues are over a 25-year contract term
- The contract covers 168 MW at the Abernathy site
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: “~$9.5Bn in Contracted Revenues Over the 25-year contract term”
confirms Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas
Quote: “~$9.5Bn in Contracted Revenues Over the 25-year contract term”