Fluidstack → TeraWulf: $9.5B cloud & services
TeraWulf-Fluidstack JV at Abernathy. 168 MW joint venture at Abernathy (Texas) between TeraWulf (51%) and Fluidstack, with about $9.5 billion of contracted revenue over 25 years.
This deal is 28% of everything Fluidstack pays and 45% of everything TeraWulf receives in this database.
- Date
- Oct 28, 2025
- Paid by
🇬🇧 Fluidstack- Received by
TeraWulf- Type
- Cloud & services
- Amount
- $9.5B
- Status
- announced
- Note
- 25 years, Abernathy JV 168 MW
Sources
Press coverage
- Oct 28, 2025 DatacenterDynamics TeraWulf and Fluidstack to develop Texas data center in Google-backed deal
All deals between Fluidstack and TeraWulf
- Aug 14, 2025 Fluidstack → TeraWulf · Fluidstack leases Lake Mariner $3.7B
- Oct 28, 2025 Fluidstack → TeraWulf · TeraWulf-Fluidstack JV at Abernathy $9.5B
More Fluidstack / TeraWulf deals
- Sep 3, 2026 Jane Street leads $1.5 billion into Fluidstack $1.5B
- Dec 17, 2025 Hut 8 leases River Bend to Fluidstack for Anthropic $7B
- Nov 12, 2025 Anthropic: $50 billion in US data centers with Fluidstack $50B
- Oct 28, 2025 Google backstops Abernathy too $1.3B
- Oct 22, 2025 TeraWulf places $3.2 billion of bonds $3.2B
- Sep 25, 2025 Fluidstack leases Barber Lake from Cipher $3B
- Aug 14, 2025 Google backstops TeraWulf and rises to 14% $3.2B
- Feb 10, 2025 Fluidstack's €10B 1 GW French supercomputer $10.3B