Nautilus capacity increase option exercise
Company: TeraWulf - Project: Nautilus
The claim, verbatim
On February 28, 2024, Company exercised option to increase energy requirement at Nautilus by 50 MW for total of 100 MW capacity
Source (primary)
TeraWulf S-3/A filed 2024-03-22 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “On February 28, 2024, the Company exercised its option to increase its energy requirement at the Nautilus Cryptomine Facility by an incremental 50 MW at its own cost (for a total of 100 MW of bitcoin mining capacity attributable to TeraWulf).”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms TeraWulf S-3/A filed 2024-03-22
Quote: “On February 28, 2024, the Company exercised its option to increase its energy requirement at the Nautilus Cryptomine Facility by an incremental 50 MW at its own cost (for a total of 100 MW of bitcoin mining capacity attributable to TeraWulf).”