CB-1 capex fully funded
Company: TeraWulf - Project: La Lupa
The claim, verbatim
The 20 MW CB-1 construction capex is fully funded, with estimated remaining capex of $10.5M.
Source (primary)
Nautilus Sale Announcement (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗
Quote: “Increased liquidity for HPC growth; 20 MW CB-1 capex is fully funded”
How we checked this
Checked on October 14, 2026. The cited source supports part of this claim, but not all of it.
The deck states that CB-1 capex is fully funded. The capital allocation chart's text is scrambled, so the $10.5M figure cannot be tied to the CB-1 capex bar.
Confirmed in the source:
- The 20 MW CB-1 capex is fully funded
We could not confirm this from the cited source:
- The estimated remaining CB-1 capex is $10.5 million
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23300/pdf/WULF_Nautilus_Sale_Announcement_Deck_%2810-03-24%29vF.pdf) in full (14,394 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nautilus Sale Announcement
Quote: “Increased liquidity for HPC growth; 20 MW CB-1 capex is fully funded”
confirms Nautilus Sale Announcement
Quote: “20 MW CB-1 capex is fully funded”