Core42 60 MW HPC lease
Company: TeraWulf
The claim, verbatim
60 MW of capacity contracted to Core42 (G42-backed) with ~$1.0 billion total contracted revenues
Source (primary)
terawulf 8-K exhibit (wulfq32025investorupdate.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “60 MW contracted to Core42 (online 2025/2026) / ~$1.0B total contracted revenues”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The Lake Mariner capacity slide lists 60 MW leased by Core42 (backed by G42) with about $1.0B in total contracted revenues.
Confirmed in the source:
- 60 MW of capacity is contracted to Core42
- Core42 is backed by G42
- The Core42 lease carries approximately $1.0 billion in total contracted revenues
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000108330125000096/wulfq32025investorupdate.htm) in full (31,516 characters, retrieved September 27, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (wulfq32025investorupdate.htm)
Quote: “60 MW contracted to Core42 (online 2025/2026) / ~$1.0B total contracted revenues”