Lake Mariner power expansion 250 to 500 MW
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
TeraWulf is investing in electrical capex to expand power draw at Lake Mariner from 250 MW to 500 MW.
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: “expand power draw at the Lake Mariner facility from 250 MW to 500 MW”
How we checked this
Checked on October 8, 2026. The cited source supports every part of this claim.
A footnote to the Q2 2025 capital allocation slide says the site infrastructure spending includes electrical capital expenditures required to expand power draw at Lake Mariner from 250 MW to 500 MW.
Confirmed in the source:
- TeraWulf's Q2 2025 capital allocation includes electrical capital expenditures
- Those expenditures are required to expand power draw at the Lake Mariner facility from 250 MW to 500 MW
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: “expand power draw at the Lake Mariner facility from 250 MW to 500 MW”