Mining facility ownership structure
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
TeraWulf owns 100% of Lake Mariner Facility and 25% of Nautilus Cryptomine Facility.
Source (primary)
TeraWulf 10-K filed 2023-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “TeraWulf owns 100% of the Lake Mariner Facility and 25% of the Nautilus Cryptomine Facility.”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document states both ownership percentages verbatim.
Confirmed in the source:
- TeraWulf owns 100% of the Lake Mariner Facility
- TeraWulf owns 25% of the Nautilus Cryptomine Facility
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000155837023005301/wulf-20221231x10k.htm) in full (569,235 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 10-K filed 2023-03-31
Quote: “TeraWulf owns 100% of the Lake Mariner Facility and 25% of the Nautilus Cryptomine Facility.”