Sale of Nautilus stake to Talen
Company: TeraWulf
The claim, verbatim
On October 2, 2024 TeraWulf sold its 25% equity interest in Nautilus to Talen Energy for $85 million cash, return of $1.3 million working capital and about $7 million of miners and equipment (~$92 million total).
Source (primary)
terawulf 8-K exhibit (wulfq32024investorpres11.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-25)Live source ↗
Quote: “On October 2, 2024, WULF sold 25% equity interest in Nautilus to Talen Energy”
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 (wulfq32024investorpres11.htm)
Quote: “On October 2, 2024, WULF sold 25% equity interest in Nautilus to Talen Energy”