jain.com

Core42 HPC lease 72.5 MW online 2025

Company: TeraWulf

Subject kind
customer
Statement date
2025-08-13
Promised by
2025-12-31
Promised amount
72.5 MW
Current status
outcome unconfirmed

What the later record shows

Partly delivered

Of the 72.5 MW gross contracted to Core42, only 18 critical IT MW had commenced by December 31, 2025. The remainder was expected in 2026.

“Certain of the Core42 Leases commenced in 2025 which comprised 18 critical IT MW HPC lease capacity as of December 31, 2025.”
2026-02-26 · TeraWulf 10-K filed 2026-02-27 View cached copy (2026-08-31)Live source ↗
“The remainder of the HPC Leases are expected to commence in 2026.”
2026-02-26 · TeraWulf 10-K filed 2026-02-27 View cached copy (2026-08-31)Live source ↗

Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.

The claim, verbatim

TeraWulf has 72.5 MW of gross HPC capacity contracted to Core42, expected to be online in 2025.

Source (primary)

terawulf 8-K exhibit (tm2523008d1_ex99-3.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-06)Live source ↗

Quote: “72.5 MW contracted to Core42 (online 2025)”

How we checked this

Checked on October 12, 2026. The cited source supports every part of this claim.

The presentation lists 72.5 MW contracted to Core42 (online 2025) and notes that these MW figures are gross capacity.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1083301/000110465925078086/tm2523008d1_ex99-3.htm) in full (18,636 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms terawulf 8-K exhibit (tm2523008d1_ex99-3.htm)

Quote: “72.5 MW contracted to Core42 (online 2025)”

View cached copy (2026-10-06)Live source ↗

Record of changes

October 6, 2026 — stated
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 7, 2026 — delayed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.
October 9, 2026 — outcome unconfirmed
Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.