Average annual NOI from contracts
Company: TeraWulf
The claim, verbatim
Contracted leases produce approximately $815M average annual NOI, including 50.1% share of Abernathy.
Source (primary)
Q1 2026 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “~$815M ... AVG ANNUAL NOI”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The snapshot slide shows ~$815M of average annual NOI next to the contracted revenue figure, and its footnote says this includes TeraWulf's 50.1% interest in Abernathy's NOI.
Confirmed in the source:
- TeraWulf reports approximately $815M of average annual NOI from its contracted platform
- The NOI figure includes TeraWulf's 50.1% interest in Abernathy's net operating income
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23490/pdf/TeraWulf+Q1+2026+Investor+Presentation+%28May+2026%29.pdf) in full (27,753 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q1 2026 Earnings Update Presentation
Quote: “~$815M ... AVG ANNUAL NOI”