Abernathy joint venture divestment
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
TeraWulf sold its 50.1% interest in the Abernathy joint venture, raising approximately $450M
Source (primary)
WULF Stock Jumps As TeraWulf Locks In Massive AI Power And Cash Flows - StocksToTrade (-, news_article)
View cached copy (2026-09-02)Live source ↗Archive.org ↗
Quote: “TeraWulf sold its 50.1% interest in the Abernathy joint venture at a premium, freeing roughly $450M”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The article says TeraWulf sold its 50.1% Abernathy joint venture interest at a premium, freeing roughly $450M to reinvest in wholly owned AI campuses.
Confirmed in the source:
- TeraWulf sold its interest in the Abernathy joint venture
- The interest sold was 50.1%
- The sale freed roughly $450M for reinvestment
What we did: Read our cached copy of the publisher (https://stockstotrade.com/news/terawulf-inc-wulf-news-2026_08_27/) in full (13,412 characters, retrieved September 2, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms WULF Stock Jumps As TeraWulf Locks In Massive AI Power And Cash Flows - StocksToTrade
Quote: “TeraWulf sold its 50.1% interest in the Abernathy joint venture at a premium, freeing roughly $450M”