Morgantown power generation facility acquisition
Company: TeraWulf
What the later record shows
Not a promise: a reported event · happened December 31, 2025
The claim reports that the acquisition agreement had already been signed in December 2025. None of the passages address whether the transaction later closed or received FERC approval.
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
In December 2025, TeraWulf entered into an agreement to acquire a power generation facility and associated infrastructure at the Morgantown Site, subject to regulatory approvals including FERC approval
Source (primary)
TeraWulf 424B5 filed 2026-04-14 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “In December 2025, we entered into an agreement to acquire a power generation facility and associated infrastructure at the Morgantown Site, which is expected to support future data center development. Completion of the transaction is subject to regulatory approvals, including approval from the Federal Energy Regulatory Commission ("FERC")”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The prospectus supplement states that in December 2025 TeraWulf agreed to acquire a power generation facility and associated infrastructure at the Morgantown Site, with completion subject to regulatory approvals including from FERC.
Confirmed in the source:
- TeraWulf entered into an agreement to acquire a power generation facility and associated infrastructure at the Morgantown Site
- The agreement was entered into in December 2025
- Completion of the transaction is subject to regulatory approvals, including FERC approval
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465926043250/tm2611661-3_424b5.htm) in full (221,842 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 424B5 filed 2026-04-14
Quote: “In December 2025, we entered into an agreement to acquire a power generation facility and associated infrastructure at the Morgantown Site, which is expected to support future data center development. Completion of the transaction is subject to regulatory approvals, including approval from the Federal Energy Regulatory Commission ("FERC")”
