Sale of 50.1% Abernathy JV stake for ~$530M
Company: TeraWulf
The claim, verbatim
TeraWulf agreed to sell its 50.1% interest in the Abernathy joint venture for approximately $530 million in cash.
Source (primary)
WULF Stock Hits Six-Month Weekly Low As TeraWulf Secures Larger Credit Line For AI Data Center Expansion - TradingView (-, news_article)
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Quote: “The company also agreed to sell its 50.1% share of the Abernathy joint venture for cash worth around $530 million.”
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Additional evidence
confirms WULF Stock Hits Six-Month Weekly Low As TeraWulf Secures Larger Credit Line For AI Data Center Expansion - TradingView
Quote: “The company also agreed to sell its 50.1% share of the Abernathy joint venture for cash worth around $530 million.”
confirms WULF Stock Hits Six-Month Weekly Low As TeraWulf Expands Credit Facility By 60% - Stocktwits
Quote: “The company also agreed to sell its 50.1% share of the Abernathy joint venture for cash worth around $530 million.”