Nautilus capacity expansion option exercised
Company: TeraWulf - Project: Nautilus
The claim, verbatim
On February 28, 2024 Company exercised option to increase energy requirement at Nautilus by incremental 50 MW for total of 100 MW attributable to TeraWulf
Source (primary)
TeraWulf S-3/A filed 2024-03-08 (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 2024-03-08
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).”