Sale of Nautilus Cryptomine equity interests to Talen Energy affiliate
Company: TeraWulf
The claim, verbatim
TeraWulf sold all equity interests in Nautilus Cryptomine LLC and the Nautilus Cryptomine facility to Cumulus Coin LLC (an affiliate of Talen Energy Corporation) for $85,000,000 in cash, subject to customary working capital adjustments
Source (primary)
TeraWulf 8-K filed 2024-10-03 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “Cumulus Member has agreed to pay $85,000,000 in cash at closing to TeraWulf Member for all of the equity interest held by TeraWulf Member, which is subject to a customary working capital adjustment”
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 filed 2024-10-03
Quote: “Cumulus Member has agreed to pay $85,000,000 in cash at closing to TeraWulf Member for all of the equity interest held by TeraWulf Member, which is subject to a customary working capital adjustment”