CB-2 delivery Q4 2025
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
What the later record shows
The date slipped · new target December 31, 2026
CB-2 was not delivered in Q4 2025: only 18 critical IT MW were energized at year-end. The company cited sequencing and timing impacts and said the remaining leases would commence in 2026.
“Certain building milestones were sequenced accordingly, and associated timing impacts have been incorporated into the Company’s financial plan.”
2026-02-25 · terawulf 8-K exhibit (a_wulfearningsrelease2026-.htm) View cached copy (2026-09-13)Live source ↗
“As of December 31, 2025, the Company had energized 18 critical IT MW of HPC capacity”
2026-02-27 · View 10-K PDF View cached copy (2026-09-01)Live source ↗Archive.org ↗
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
CB-2 at Lake Mariner is on track for delivery in Q4 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: “CB - 2 on track for Q4 delivery”
How we checked this
Checked on October 12, 2026. The cited source supports every part of this claim.
The presentation's 2025 highlights state that CB-2 is on track for Q4 delivery, as part of delivering Core42 capacity at Lake Mariner.
Confirmed in the source:
- CB-2 is on track for delivery in Q4 2025
- CB-2 is part of the Core42 buildout at Lake Mariner
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: “CB - 2 on track for Q4 delivery”
delays View 10-K PDF
Quote: “As of December 31, 2025, the Company had energized 18 critical IT MW of HPC capacity”
delays terawulf 8-K exhibit (a_wulfearningsrelease2026-.htm)
Quote: “Certain building milestones were sequenced accordingly, and associated timing impacts have been incorporated into the Company’s financial plan.”