Nautilus 50 MW energy requirement increase
Company: TeraWulf - Project: Nautilus
The claim, verbatim
TeraWulf exercised its option on February 28, 2024 to increase energy requirement at Nautilus Cryptomine Facility by 50 MW
Source (primary)
TeraWulf 10-K filed 2024-03-20 (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 (for a total of 100 MW attributable to TeraWulf)”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document confirms the February 28, 2024 exercise of the option to increase Nautilus energy requirement by 50 MW.
Confirmed in the source:
- TeraWulf exercised its option on February 28, 2024 to increase its energy requirement at the Nautilus Cryptomine Facility by an incremental 50 MW
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000108330124000072/wulf-20231231.htm) in full (437,251 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 10-K filed 2024-03-20
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 (for a total of 100 MW attributable to TeraWulf)”