TeraWulf sells 50.1% stake in Abernathy AI data center JV to Fluidstack-led group

TeraWulf Inc.

TeraWulf Inc.

WULF

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  • Terawulf agreed to sell its 50.1% stake in the Abernathy Joint Venture to an investor group led by partner Fluidstack.
  • Deal monetizes about $450 million invested capital at a premium, freeing funds for wholly owned AI infrastructure expansion.
  • Abernathy project targets a 168 MW critical IT load AI data center campus in Abernathy, Texas; Fluidstack will lead development post-close.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Terawulf Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607060800PRIMZONEFULLFEED9757174) on July 06, 2026, and is solely responsible for the information contained therein.

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