Abernathy HPC Campus joint venture with Fluidstack
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
Company entered into amended and restated joint venture agreement with Fluidstack CS I Inc. in October 2025 holding 50.1% ownership interest in FS CS 1 LLC to develop, lease and operate Abernathy HPC Campus
Source (primary)
TeraWulf 10-K filed 2026-02-27 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “In October 2025, the Company entered into an amended and restated limited liability company agreement (the Abernathy Joint Venture Agreement) with Fluidstack CS I Inc. (the Fluidstack Member) to govern the terms of operation of FS CS 1 LLC (the Abernathy Joint Venture), which will develop, lease and operate the Abernathy HPC Campus. The campus is being developed through a joint venture in which the Company holds a 50.1% ownership interest.”
How we checked this
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Additional evidence
confirms TeraWulf 10-K filed 2026-02-27
Quote: “In October 2025, the Company entered into an amended and restated limited liability company agreement (the Abernathy Joint Venture Agreement) with Fluidstack CS I Inc. (the Fluidstack Member) to govern the terms of operation of FS CS 1 LLC (the Abernathy Joint Venture), which will develop, lease and operate the Abernathy HPC Campus. The campus is being developed through a joint venture in which the Company holds a 50.1% ownership interest.”