Fluidstack 10-year AI hosting lease at Lake Mariner
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
WULF Compute signed a 10-year lease with Fluidstack for 200+ MW of critical IT load at Lake Mariner (CB-3 & CB-4), worth ~$3.7B in contracted revenue over the initial terms.
Source (primary)
terawulf 8-K exhibit (tm2523008d2_ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-06)Live source ↗
Quote: “200+ MW Critical IT Load Under Contract at Lake Mariner (CB - 3 & CB - 4) ~$3.7Bn Contract Value Over Initial 10 - Year Terms”
How we checked this
Checked on October 8, 2026. The cited source supports every part of this claim.
The presentation states WULF Compute signed a 10-year lease with Fluidstack covering 200+ MW of critical IT load at Lake Mariner's CB-3 and CB-4, with ~$3.7B in contract value over the initial 10-year terms.
Confirmed in the source:
- WULF Compute signed a 10-year lease with Fluidstack
- The lease covers 200+ MW of critical IT load at Lake Mariner (CB-3 & CB-4)
- The contract is worth ~$3.7B in contracted revenue over the initial 10-year terms
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925078084/tm2523008d2_ex99-2.htm) in full (7,456 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms terawulf 8-K exhibit (tm2523008d2_ex99-2.htm)
Quote: “200+ MW Critical IT Load Under Contract at Lake Mariner (CB - 3 & CB - 4) ~$3.7Bn Contract Value Over Initial 10 - Year Terms”