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Fluidstack joint venture ownership structure

Company: TeraWulf - Project: Abernathy HPC Campus

Subject kind
partnership
Statement date
2025-12-17
Current status
stated

The claim, verbatim

Flash Compute is jointly owned by TeraWulf (50.1% through Big Country Wulf LLC) and Fluidstack (49.9% through Fluidstack CS I Inc.)

Source (primary)

TeraWulf 8-K filed 2025-12-18 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “Flash Compute is a wholly-owned subsidiary of FS CS I LLC, whose equity interests are owned 50.1% by Big Country Wulf LLC, a subsidiary of the Company, and 49.9% by Fluidstack CS I Inc., a wholly-owned indirect subsidiary of Fluidstack Ltd.”

How we checked this

Attempted on September 16, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465925122293/tm2533501d1_8k.htm) in full (8,001 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf 8-K filed 2025-12-18

Quote: “Flash Compute is a wholly-owned subsidiary of FS CS I LLC, whose equity interests are owned 50.1% by Big Country Wulf LLC, a subsidiary of the Company, and 49.9% by Fluidstack CS I Inc., a wholly-owned indirect subsidiary of Fluidstack Ltd.”

View cached copy (2026-08-31)Live source ↗