Aggregate capacity target by 2025
Company: TeraWulf
What the later record shows
Outcome not yet confirmed
No passage reports net bitcoin mining MW or EH/s for 2025. Later filings show a pivot of capital allocation to HPC, but none explicitly drops the 800 MW / 23 EH/s target.
“going forward capital allocation will be focused on HPC data center development, long- term hosting arrangements, and infrastructure supporting AI-driven compute workloads.”
2026-02-27 · View 10-K PDF View cached copy (2026-09-01)Live source ↗Archive.org ↗
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
Two facilities expected to reach aggregate 800 MW of net bitcoin mining capacity and over 23 exahash per second of computational power by 2025
Source (primary)
TeraWulf 10-K filed 2022-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “These two industrial-scale projects are expected to reach an aggregate 800 MW of net bitcoin mining capacity and over 23 exahash per second ("EH/s") of computational power by 2025”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 10-K states both the 800 MW and the over 23 EH/s targets for the two facilities by 2025.
Confirmed in the source:
- TeraWulf's two facilities (Lake Mariner and Nautilus) are expected to reach an aggregate 800 MW of net bitcoin mining capacity by 2025
- The two facilities are expected to reach over 23 EH/s of computational power by 2025
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000110465922041168/wulf-20211231x10k.htm) in full (353,283 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 10-K filed 2022-03-31
Quote: “These two industrial-scale projects are expected to reach an aggregate 800 MW of net bitcoin mining capacity and over 23 exahash per second ("EH/s") of computational power by 2025”