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Beowulf E&D acquisition

Company: TeraWulf

This claim was marked delayed on September 2, 2026. Recorded automatically from the cited source when it was published, then queued for evidence review.

How this was decided: Automated extraction from the cited source. The claim is preserved below exactly as it was originally published, so the record shows what was asserted as well as what became of it.

Subject kind
acquisition
Statement date
2026-09-01
Promised by
2025-05-21
Promised amount
54.6 USD
Current status
delayed

The claim, verbatim

TeraWulf acquired 100% of the membership interests in Beowulf Electricity & Data LLC, Beowulf E&D (NY) LLC, and Beowulf E&D (MD) LLC for approximately $54.6 million in total consideration.

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 May 21, 2025 (the "Acquisition Date"), the Company acquired 100.0% of the membership interests of each of Beowulf Electricity & Data LLC, Beowulf E&D (MD) LLC, and Beowulf E&D (NY) LLC (collectively, "Beowulf E&D"). The fair value of total consideration for the transaction was approximately $54.6 million, including $3.0 million in cash and 5.0 million shares of the Company's common stock”

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 View 10-K PDF

Quote: “On May 21, 2025 (the "Acquisition Date"), the Company acquired 100.0% of the membership interests of each of Beowulf Electricity & Data LLC, Beowulf E&D (MD) LLC, and Beowulf E&D (NY) LLC (collectively, "Beowulf E&D"). The fair value of total consideration for the transaction was approximately $54.6 million, including $3.0 million in cash and 5.0 million shares of the Company's common stock”

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

Record of changes

September 2, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 2, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.