Abernathy NOI margin

Subject kind: guidance
Statement date: 2025-10-27
Promised amount: 70.0 percent
Current status: stated

The claim, verbatim

~70% expected NOI margin averaged over lease life.

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: “~70% Expected NOI Margin Average over lease life”

How we checked this

Checked on October 13, 2026. The cited source supports every part of this claim.

The transaction overview lists a ~70% expected NOI margin averaged over the lease life.

Confirmed in the source:

Approximately 70% expected NOI margin
Averaged over the lease life

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: “~70% Expected NOI Margin Average over lease life”

View cached copy (2026-10-06)Live source ↗

Record of changes

October 6, 2026 — stated

Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.

October 9, 2026 — stated

Review. statement_date 2026-10-06 was the source's retrieval date; source published 2025-10-27.