Tue, Oct 28, 2025
TeraWulf forms Abernathy JV with Fluidstack, backed by Google
Key points
- 168MW critical IT (240MW gross), 25-year hosting commitment, ~$9.5B contracted revenue to the JV; TeraWulf 50.1% stake via Big Country Wulf LLC; Google backs $1.3B of Fluidstack obligations
Deal
FluidstackOct 2025
SiteAbernathy
Contracted capacity168 MW
Contract value$9.5B
Duration25 years