Beowulf E&D acquisition
Company: TeraWulf
The claim, verbatim
TeraWulf paid $19 million for the acquisition of Beowulf E&D.
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “including $19 million paid for the acquisition of Beowulf E&D”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
A footnote to the Q3 2025 capital allocation chart says investing cash flows include $19 million paid for the acquisition of Beowulf E&D.
Confirmed in the source:
- TeraWulf paid $19 million for the acquisition of Beowulf E&D
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23306/pdf/WULF_Q3_2025_Investor_Update_%28Nov_2025%29vF.pdf) in full (31,442 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “including $19 million paid for the acquisition of Beowulf E&D”
confirms Investor Presentation
Quote: “$19 million paid for the acquisition of Beowulf E&D”