Abernathy Phase II buildout
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
Additional Abernathy capacity (Phase II) expected in 2027-2028.
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: “Phase II 2027 - 2028 ... with additional capacity in 2027 - 2028”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The estimated buildout timeline shows Phase II in 2027-2028, and the site highlights mention additional capacity in 2027-2028.
Confirmed in the source:
- Phase II additional capacity at Abernathy is expected in 2027-2028
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: “Phase II 2027 - 2028 ... with additional capacity in 2027 - 2028”