Cayuga Phase III 400 MW total in 2029
Company: TeraWulf - Project: Cayuga Site
The claim, verbatim
Cayuga Phase III adds +100 MW in 2029 for 400 MW total.
Source (primary)
Q2 Earnings Update Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗
Quote: “+100 MW (2029) 400 MW total”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The estimated buildout timeline shows Phase III as +100 MW in 2029, for a total of 400 MW.
Confirmed in the source:
- Cayuga Phase III adds 100 MW in 2029
- Phase III brings the Cayuga total to 400 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: “+100 MW (2029) 400 MW total”
confirms Q2 Earnings Update Presentation
Quote: “+100 MW (2029) 400 MW total”