Data center campus construction in Abernathy, Texas
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
Company intends to use net proceeds to fund a portion of the cost of construction of a data center campus in Abernathy, Texas
Source (primary)
TeraWulf 8-K filed 2025-10-31 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “The Company intends to use the net proceeds to fund a portion of the cost of construction of a data center campus in Abernathy, Texas and for general corporate purposes.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
TeraWulf's October 31, 2025 Form 8-K states that the company intends to use the net proceeds from the notes offering to fund a portion of the construction cost of a data center campus in Abernathy, Texas, as well as for general corporate purposes.
Confirmed in the source:
- TeraWulf intends to use the net proceeds of its 0.00% Convertible Senior Notes due 2032 offering to fund a portion of the cost of construction of a data center campus
- The data center campus is located in Abernathy, Texas
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465925104928/tm2529894d1_8k.htm) in full (11,866 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2025-10-31
Quote: “The Company intends to use the net proceeds to fund a portion of the cost of construction of a data center campus in Abernathy, Texas and for general corporate purposes.”
confirms terawulf 8-K exhibit (tm2529894d1_ex99-1.htm)
Quote: “The Company intends to use the net proceeds to fund a portion of the cost of construction of a data center campus in Abernathy, Texas”