Fluidstack 366 MW HPC lease
Company: TeraWulf
The claim, verbatim
366 MW of capacity contracted to Fluidstack (Google-backed) with approximately $6.7 billion in total contracted revenues and extensions up to approximately $15 billion
Source (primary)
terawulf 8-K exhibit (wulfq32025investorupdate.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-27)Live source ↗
Quote: “366 MW contracted to Fluidstack (expected online 2026) / ~$6.7B contracted revenue; extensions up to ~$15B”
How we checked this
Checked on September 28, 2026. The cited source supports every part of this claim.
The document lists 366 MW leased by Fluidstack (backed by Google) with about $6.7B in total contracted revenues. The financing slide pairs the ~$6.7B contracted revenue with extensions up to ~$15B.
Confirmed in the source:
- 366 MW of capacity is contracted to Fluidstack
- Fluidstack is backed by Google
- The Fluidstack lease carries approximately $6.7 billion in total contracted revenues
- Contracted revenue could reach approximately $15 billion with extensions
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: “366 MW contracted to Fluidstack (expected online 2026) / ~$6.7B contracted revenue; extensions up to ~$15B”