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Divestiture of Abernathy Joint Venture stake

Company: TeraWulf - Project: Abernathy HPC Campus

Subject kind
financing
Statement date
2026-09-04
Promised amount
450000000.0 USD
Current status
stated

The claim, verbatim

TeraWulf will sell its 50.1% ownership interest in the Abernathy Joint Venture to an investor group led by Fluidstack, monetizing its approximately $450 million investment at a premium

Source (primary)

Bitcoin Miner TeraWulf Signs 20-Year AI Data Center Lease With Anthropic - FinanceFeeds (-, news_article)
View cached copy (2026-09-08)Live source ↗

Quote: “TeraWulf announced that it will sell its 50.1% ownership interest in the Abernathy Joint Venture to an investor group led by Fluidstack, its joint venture partner... TeraWulf said the transaction monetizes its approximately $450 million investment at a premium”

How we checked this

Checked on September 19, 2026. The cited source supports every part of this claim.

The document states TeraWulf will sell its 50.1% Abernathy JV stake to a Fluidstack-led investor group, monetizing its roughly $450 million investment at a premium.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://financefeeds.com/bitcoin-miner-terawulf-signs-20-year-ai-data-center-lease-with-anthropic/) in full (12,616 characters, retrieved September 8, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Bitcoin Miner TeraWulf Signs 20-Year AI Data Center Lease With Anthropic - FinanceFeeds

Quote: “TeraWulf announced that it will sell its 50.1% ownership interest in the Abernathy Joint Venture to an investor group led by Fluidstack, its joint venture partner... TeraWulf said the transaction monetizes its approximately $450 million investment at a premium”

View cached copy (2026-09-08)Live source ↗