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Core42 HPC lease contract

Company: TeraWulf

Subject kind
customer
Statement date
2026-02-25
Promised by
2026-01-01
Promised amount
60.0 MW
Current status
outcome unconfirmed

What the later record shows

Partly delivered

Of the 60 MW Core42 contract, 18 critical IT MW had commenced by December 31, 2025. The rest is expected to commence in 2026.

“Certain of the Core42 Leases commenced in 2025 which comprised 18 critical IT MW HPC lease capacity as of December 31, 2025.”
2026-02-26 · TeraWulf 10-K filed 2026-02-27 View cached copy (2026-08-31)Live source ↗
“The remainder of the HPC Leases are expected to commence in 2026.”
2026-02-26 · TeraWulf 10-K filed 2026-02-27 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

60 critical IT MW contracted with Core42, commenced in 2025 and commencing in 2026

Source (primary)

terawulf 8-K exhibit (a_wulfearningsrelease2026-.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-13)Live source ↗

Quote: “60 critical IT MW with Core42, commenced in 2025 and commencing in 2026”

How we checked this

Checked on October 11, 2026. The cited source supports every part of this claim.

The earnings release lists 60 critical IT MW with Core42 at Lake Mariner, commenced in 2025 and commencing in 2026.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000108330126000026/a_wulfearningsrelease2026-.htm) in full (26,590 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms terawulf 8-K exhibit (a_wulfearningsrelease2026-.htm)

Quote: “60 critical IT MW with Core42, commenced in 2025 and commencing in 2026”

View cached copy (2026-09-13)Live source ↗

Record of changes

September 13, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
September 14, 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.