Sale of TeraWulf's 25% Nautilus stake to Talen
Company: TeraWulf
The claim, verbatim
TeraWulf sells its 25% equity interest in Nautilus to Talen Energy for about $92 million in proceeds, comprising $85 million in cash and about $7 million of Talen-contributed miners and related equipment.
Source (primary)
Nautilus Sale Announcement (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-11-05)Live source ↗Archive.org ↗
Quote: “Sale proceeds comprised of $85 million cash consideration and approximately $7 million worth of Talen contributed miners and related equipment.”
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 Nautilus Sale Announcement
Quote: “Sale proceeds comprised of $85 million cash consideration and approximately $7 million worth of Talen contributed miners and related equipment.”