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Lake Mariner project cost estimate

Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory

Subject kind
financing
Statement date
2026-09-16
Promised amount
9.1 USD millions per MW
Current status
stated

The claim, verbatim

Management estimated total WULF Compute project costs at approximately $9.1 million per critical IT MW

Source (primary)

WULF Stock Forecast 2030: TeraWulf Model & Cash Flow - Northwise (-, news_article)
View cached copy (2026-09-20)Live source ↗

Quote: “Management estimated total WULF Compute project costs at approximately $9.1 million per critical IT MW”

How we checked this

Checked on September 24, 2026. The cited source supports every part of this claim.

The report states this directly.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://northwiseproject.com/research/wulf-stock-forecast-2030) in full (77,288 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms WULF Stock Forecast 2030: TeraWulf Model & Cash Flow - Northwise

Quote: “Management estimated total WULF Compute project costs at approximately $9.1 million per critical IT MW”

View cached copy (2026-09-20)Live source ↗