Sale of 25% Nautilus stake for $85M
Company: TeraWulf
The claim, verbatim
TeraWulf sold its 25% equity interest in Nautilus for $85 million and is reinvesting in Lake Mariner's HPC hosting capabilities.
Source (primary)
terawulf 8-K exhibit (a_wulfformearningsrelease2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗
Quote: “The $85 million sale of our 25% equity interest in Nautilus allowed us to monetize an asset with a declining value at peak pricing and reinvest in Lake Mariner's HPC hosting capabilities”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms terawulf 8-K exhibit (a_wulfformearningsrelease2.htm)
Quote: “The $85 million sale of our 25% equity interest in Nautilus allowed us to monetize an asset with a declining value at peak pricing and reinvest in Lake Mariner's HPC hosting capabilities”