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Nautilus JV stake sale

Company: TeraWulf

Subject kind
acquisition
Statement date
2025-02-27
Promised amount
85000000.0 USD
Current status
stated

The claim, verbatim

TeraWulf sold its Nautilus stake effective October 2, 2024, for $85 million in cash consideration plus the return of $1.3 million of working capital.

Source (primary)

terawulf 8-K exhibit (wulfq42024investorpresup.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-18)Live source ↗

Quote: “Nautilus was sold effective October 2, 2024 ... Nautilus Proceeds include $85 million cash consideration and the return of $1.3 million of working capital”

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 (wulfq42024investorpresup.htm)

Quote: “Nautilus was sold effective October 2, 2024 ... Nautilus Proceeds include $85 million cash consideration and the return of $1.3 million of working capital”

View cached copy (2026-10-18)Live source ↗