Fluidstack revenue up to ~$8.7B with extensions
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
The agreements include two five-year extension options which, if exercised, would bring total contract revenue to approximately $8.7 billion.
Source (primary)
terawulf 8-K exhibit (tm2523008d2_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-06)Live source ↗
Quote: “include two five-year extension options which, if exercised, would bring the total contract revenue to approximately $8.7 billion”
How we checked this
Checked on October 8, 2026. The cited source supports every part of this claim.
The release says two five-year extension options, if exercised, would bring total contract revenue to about $8.7 billion.
Confirmed in the source:
- The Fluidstack agreements include two five-year extension options
- If exercised, the extensions would bring total contract revenue to approximately $8.7 billion
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925078084/tm2523008d2_ex99-1.htm) in full (10,293 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (tm2523008d2_ex99-1.htm)
Quote: “include two five-year extension options which, if exercised, would bring the total contract revenue to approximately $8.7 billion”