Beowulf E&D Acquisition
Company: TeraWulf
The claim, verbatim
TeraWulf acquired Beowulf E&D
Source (primary)
TeraWulf Consolidating Schedules (FY 2025) (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-09-01)Live source ↗
Quote: “Goodwill from acquisition of Beowulf E&D”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The balance sheet explains TeraWulf's goodwill as 'Goodwill from acquisition of Beowulf E&D', and the income statement refers to contingent consideration from that acquisition.
Confirmed in the source:
- TeraWulf acquired Beowulf E&D, recording goodwill from that acquisition
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2476/23464/pdf/WULF_Consolidating_Schedules_%28FYE_2025%29.pdf) in full (6,760 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf Consolidating Schedules (FY 2025)
Quote: “Goodwill from acquisition of Beowulf E&D”
