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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)
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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

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 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.”

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