Sale of 50.1% Texas JV stake
Company: TeraWulf
The claim, verbatim
TeraWulf sold its 50.1% stake in the Texas joint venture to a Fluidstack-led investor group for about $530 million, redirecting proceeds to infrastructure it owns and operates directly.
Source (primary)
TeraWulf's CEO insists his bitcoin miner is really an energy company - Startup Fortune (-, news_article)
View cached copy (2026-10-19)Live source ↗Archive.org ↗
Quote: “TeraWulf later sold its 50.1% stake in that venture to a Fluidstack-led investor group for about $530 million”
How we checked this
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Additional evidence
confirms TeraWulf's CEO insists his bitcoin miner is really an energy company - Startup Fortune
Quote: “TeraWulf later sold its 50.1% stake in that venture to a Fluidstack-led investor group for about $530 million”