Google provides backstop support
Company: TeraWulf - Project: Abernathy HPC Campus
The claim, verbatim
Google continues to provide backstop support for the partnership
Source (primary)
Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “Continued support from Google in the form of backstop”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
Under the TeraWulf and Fluidstack partnership section, the presentation cites continued support from Google in the form of a backstop.
Confirmed in the source:
- Google continues to support the TeraWulf–Fluidstack partnership in the form of a backstop
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23305/pdf/Abernathy_JV_Announcement_Pres_Oct_2025vF.pdf) in full (7,261 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Majority-Owned Joint Venture with Fluidstack for 168 MW in Texas
Quote: “Continued support from Google in the form of backstop”