jain.com

$1.3 billion backstop for Fluidstack lease obligations

Company: TeraWulf - Project: Abernathy HPC Campus

Subject kind
financing
Statement date
2026-09-01
Promised amount
1300.0 USD
Current status
stated

The claim, verbatim

$1.3 billion backstop provided in support of Fluidstack's lease obligations

Source (primary)

Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗

Quote: “$1.3Bn Backstop in Support of Fluidstack's Lease Obligations”

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 Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas

Quote: “$1.3Bn Backstop in Support of Fluidstack's Lease Obligations”

View cached copy (2026-09-01)Live source ↗Archive.org ↗