jain.com

Abernathy JV sale completed

Company: TeraWulf

Subject kind
acquisition
Statement date
2026-11-05
Promised amount
530000000.0 USD
Current status
stated

The claim, verbatim

TeraWulf completed the sale of its 50.1% interest in the Abernathy Joint Venture for about $530M in aggregate consideration, a roughly 20% IRR on the investment, receiving $250M in cash during the quarter.

Source (primary)

Q3 2026 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-11-06)Live source ↗Archive.org ↗

Quote: “Completed the sale of the Company’s 50.1% interest in the Abernathy Joint Venture, receiving $250 million of cash consideration during the quarter”

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 Q3 2026 Earnings Update Presentation

Quote: “Completed the sale of the Company’s 50.1% interest in the Abernathy Joint Venture, receiving $250 million of cash consideration during the quarter”

View cached copy (2026-11-06)Live source ↗Archive.org ↗