Beowulf entities acquisition
Company: TeraWulf
The claim, verbatim
TeraWulf acquired 100% ownership of Beowulf Electricity & Data LLC, Beowulf E&D (MD) LLC, and Beowulf E&D (NY) LLC on May 21, 2025 for approximately $52.4 million
Source (primary)
TeraWulf 8-K filed 2025-05-27 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “the Buyer acquired 100% of the issued and outstanding membership interests of each of Beowulf Electricity & Data LLC, Beowulf E&D (MD) LLC and Beowulf E&D (NY) LLC...The aggregate purchase price for the Acquired Companies equals approximately $52.4 million”
How we checked this
Checked on September 17, 2026. The cited source supports every part of this claim.
The 8-K states that TeraWulf's wholly owned subsidiary acquired 100% of all three Beowulf entities on May 21, 2025. It gives the aggregate purchase price as approximately $52.4 million.
Confirmed in the source:
- TeraWulf, through its wholly owned subsidiary TeraCub Inc., acquired 100% of the membership interests of Beowulf Electricity & Data LLC, Beowulf E&D (MD) LLC and Beowulf E&D (NY) LLC
- The acquisition agreement was entered into on May 21, 2025, the Closing Date
- The aggregate purchase price equals approximately $52.4 million
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330125000041/wulf-20250521.htm) in full (16,667 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2025-05-27
Quote: “the Buyer acquired 100% of the issued and outstanding membership interests of each of Beowulf Electricity & Data LLC, Beowulf E&D (MD) LLC and Beowulf E&D (NY) LLC...The aggregate purchase price for the Acquired Companies equals approximately $52.4 million”