Sale of Abernathy JV stake completed
Company: TeraWulf
The claim, verbatim
TeraWulf completed the sale of its 50.1% stake in the Abernathy joint venture, receiving $250 million in cash during the quarter and recognizing a $95 million gain.
Source (primary)
Anthropic Buildout Fuels TeraWulf's HPC Growth as Bitcoin Revenue Slides - Yahoo Finance (-, news_article)
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Quote: “completed the sale of its 50.1% stake in the Abernathy joint venture, receiving $250 million in cash during the quarter and recognizing a $95 million gain”
How we checked this
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Additional evidence
confirms Anthropic Buildout Fuels TeraWulf's HPC Growth as Bitcoin Revenue Slides - Yahoo Finance
Quote: “completed the sale of its 50.1% stake in the Abernathy joint venture, receiving $250 million in cash during the quarter and recognizing a $95 million gain”