Nautilus transaction proceeds
Company: TeraWulf - Project: Nautilus
The claim, verbatim
Total transaction proceeds of approximately $92 million ($85 million cash plus approximately $7 million in Talen-contributed miners and equipment)
Source (primary)
Nautilus Sale Announcement (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-09-01)Live source ↗Archive.org ↗
Quote: “~$92 Million Transaction Proceeds; Sale proceeds comprised of $85 million cash consideration and approximately $7 million worth of Talen contributed miners and related equipment.”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The deck gives ~$92 million in transaction proceeds. Its footnote splits this into $85 million in cash and about $7 million of Talen-contributed miners and equipment.
Confirmed in the source:
- Nautilus transaction proceeds are approximately $92 million
- The proceeds include $85 million in cash consideration
- The proceeds include approximately $7 million worth of Talen-contributed miners and related equipment
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_0c87b48cb4d1c6967968c7d0c3e5933d/terawulf/db/2396/23300/pdf/WULF_Nautilus_Sale_Announcement_Deck_%2810-03-24%29vF.pdf) in full (14,394 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nautilus Sale Announcement
Quote: “~$92 Million Transaction Proceeds; Sale proceeds comprised of $85 million cash consideration and approximately $7 million worth of Talen contributed miners and related equipment.”