Abernathy JV ownership stake
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
TeraWulf owns 50.1% of Abernathy joint venture
Source (primary)
Q4 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗
Quote: “50.1% Ownership”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The presentation repeatedly refers to 'TeraWulf's 50.1% joint venture interest' in Abernathy and shows '50.1% Ownership' on the capital structure slide.
Confirmed in the source:
- TeraWulf holds a 50.1% interest in the Abernathy joint venture
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23307/pdf/TeraWulf_Q4_2025_Investor_Presentation_%28Feb_2026%29.pdf) in full (28,069 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q4 Earnings Update Presentation
Quote: “50.1% Ownership”