200 MW net HPC run rate by FYE 2026
Company: TeraWulf
The claim, verbatim
TeraWulf targets a 200 MW (net) HPC run rate by fiscal year-end 2026.
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗
Quote: “200 MW (net) targeted run rate FYE 2026”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The presentation lists a 200 MW (net) targeted run rate for FYE 2026 directly after the contracted HPC capacity figures.
Confirmed in the source:
- TeraWulf targets a 200 MW (net) run rate by fiscal year-end 2026
- The 200 MW net target relates to HPC capacity, listed alongside the 72.5 MW gross / 60 MW net of contracted HPC capacity expected online in 2025
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23301/pdf/WULF_Q1_2025_Investor_Pres_vF.pdf) in full (23,307 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “200 MW (net) targeted run rate FYE 2026”
confirms Investor Presentation
Quote: “200 MW (net) targeted run rate FYE 2026”
confirms terawulf 8-K exhibit (wulfq12025investorpresvf.htm)
Quote: “200 MW (net) targeted run rate FYE 2026”