Exclusive right on next Fluidstack project
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
WULF to have exclusive right on the next Fluidstack project greater than 168 MW; Abernathy expansion reserved for a follow-on deployment by 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 to have exclusive right on next Fluidstack project > 168 MW”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The expansion-rights slide states both points: WULF has the exclusive right on the next Fluidstack project over 168 MW, and the Abernathy expansion is reserved for a follow-on deployment by the JV.
Confirmed in the source:
- WULF will have the exclusive right on the next Fluidstack project larger than 168 MW
- The Abernathy expansion is reserved for a follow-on deployment by 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 to have exclusive right on next Fluidstack project > 168 MW”
confirms Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas
Quote: “WULF to have exclusive right on next Fluidstack project > 168 MW”