Fluidstack exclusivity on CB-5
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
Fluidstack has 30-day exclusivity on further expansion at Lake Mariner with CB-5 (160 MW).
Source (primary)
Q2 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗
Quote: “Fluidstack has 30-day exclusivity on further expansion at Lake Mariner with CB-5 (160 MW)”
How we checked this
Checked on October 13, 2026. The cited source supports every part of this claim.
The document says Fluidstack has 30-day exclusivity on further expansion at Lake Mariner with CB-5 (160 MW).
Confirmed in the source:
- Fluidstack has 30-day exclusivity on further expansion at Lake Mariner
- The expansion covered by the exclusivity is CB-5
- CB-5 is 160 MW
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23302/pdf/WULF_Q2_2025_Investor_Update_%28Aug_2025%29vF.pdf) in full (17,599 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Q2 Earnings Update Presentation
Quote: “Fluidstack has 30-day exclusivity on further expansion at Lake Mariner with CB-5 (160 MW)”
confirms Fluidstack Deal Presentation
Quote: “Fluidstack has 30-day exclusivity for CB-5, adding potential 160 MW Critical IT Load”