Nautilus joint venture equity interest sale
Company: TeraWulf
What the later record shows
Not a promise: a reported event · happened October 31, 2024
The claim, made in February 2026, reports a sale that had already happened in October 2024.
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
Sold 25% equity interest in the Nautilus joint venture in October 2024
Source (primary)
View 10-K PDF (IR page (investors.terawulf.com), ir_release)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “In October 2024, TeraWulf sold its 25% equity interest in the Nautilus joint venture (the "Nautilus Joint Venture"), reallocating capital to expand its wholly owned infrastructure and advance its HPC strategy at the Lake Mariner Data Campus.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The 10-K states TeraWulf sold its entire 25% equity interest in Nautilus in October 2024.
Confirmed in the source:
- In October 2024, TeraWulf sold its 25% equity interest in the Nautilus joint venture
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://investors.terawulf.com/sec-filings/all-sec-filings/content/0001083301-26-000031/0001083301-26-000031.pdf) in full (556,251 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms View 10-K PDF
Quote: “In October 2024, TeraWulf sold its 25% equity interest in the Nautilus joint venture (the "Nautilus Joint Venture"), reallocating capital to expand its wholly owned infrastructure and advance its HPC strategy at the Lake Mariner Data Campus.”