Abernathy Joint Venture with Fluidstack
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
On October 27, 2025, TeraWulf entered into the Abernathy Joint Venture Agreement with Fluidstack. The board of managers will initially comprise three designees of TeraWulf and two designees of Fluidstack, with decisions made by majority vote.
Source (primary)
View 10-K PDF (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “On October 27, 2025, the TeraWulf Member entered into the Abernathy Joint Venture Agreement with the Fluidstack Member. The Abernathy Joint Venture Agreement provides that, except for certain specified matters, decisions are to be made by a majority vote of the board of managers. The board of managers will initially comprise three designees of TeraWulf and two designees of the Fluidstack Member.”
How we checked this
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Additional evidence
confirms View 10-K PDF
Quote: “On October 27, 2025, the TeraWulf Member entered into the Abernathy Joint Venture Agreement with the Fluidstack Member. The Abernathy Joint Venture Agreement provides that, except for certain specified matters, decisions are to be made by a majority vote of the board of managers. The board of managers will initially comprise three designees of TeraWulf and two designees of the Fluidstack Member.”