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TeraWulf acquired Muskie Data Campus from Industrial Equity Partners via MIPA

Company: TeraWulf

Subject kind
acquisition
Statement date
2026-05-25
Event date
2026-05-22
Current status
stated

What the later record shows

Not a promise: a reported event · happened May 22, 2026

The claim reports a closing that had already happened on May 22, 2026. The Q2 10-Q confirms the Muskie Data Campus acquisition closed that day under a MIPA for 100% of Industrial Equity Partners LLC.

“On May 22, 2026, the Company closed the acquisition of a hyperscale HPC/AI development site located in Eastern Kentucky (the “Muskie Data Campus” or “Muskie”)”
2026-08-04 · TeraWulf 10-Q filed 2026-08-05 View cached copy (2026-08-31)Live source ↗

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

TeraWulf entered into a Membership Interest Purchase Agreement with Industrial Equity Partners for the acquisition of the Muskie Data Campus in Eastern Kentucky, which closed effective May 22, 2026

Source (primary)

TeraWulf 8-K filed 2026-05-26 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗

Quote: “entry into a Membership Interest Purchase Agreement ("MIPA") with Industrial Equity Partners ("IEP") for the acquisition of a strategically located hyperscale development site in Eastern Kentucky (the "Muskie Data Campus")”

How we checked this

Checked on October 10, 2026. The cited source supports every part of this claim.

The 8-K states TeraWulf entered a MIPA with Industrial Equity Partners to acquire the Muskie Data Campus in Eastern Kentucky and that the acquisition closed effective May 22, 2026.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330126000109/wulf-20260522.htm) in full (5,835 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms TeraWulf 8-K filed 2026-05-26

Quote: “entry into a Membership Interest Purchase Agreement ("MIPA") with Industrial Equity Partners ("IEP") for the acquisition of a strategically located hyperscale development site in Eastern Kentucky (the "Muskie Data Campus")”

View cached copy (2026-08-31)Live source ↗

Record of changes

September 1, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 1, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.