Abernathy build cost per MW
Company: TeraWulf
The claim, verbatim
Build capex of $8MM-$10MM per MW of critical IT load.
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: “Capex of $8MM-10MM per MW of critical IT load”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The presentation gives capex of $8MM to $10MM per MW of critical IT load for the Abernathy project.
Confirmed in the source:
- Build capex is $8 million to $10 million per MW of critical IT load
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: “Capex of $8MM-10MM per MW of critical IT load”
confirms Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas
Quote: “Capex of $8MM-10MM per MW of critical IT load”