Expected annual site NOI
Company: TeraWulf
The claim, verbatim
Expected to generate approximately $315 million of annual site NOI (~85% site NOI margin).
Source (primary)
Fluidstack Deal Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗
Quote: “Expected to generate ~$315MM of annual site Net Operating Income ("NOI") (~85% site NOI margin)”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The presentation states the deal is expected to generate ~$315MM of annual site NOI at an ~85% site NOI margin.
Confirmed in the source:
- The deal is expected to generate approximately $315 million of annual site net operating income
- The expected site NOI margin is approximately 85%
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23303/pdf/WULF_Fluidstack_Lease_Announcement_%28Aug_2025%29vF.pdf) in full (7,012 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Fluidstack Deal Presentation
Quote: “Expected to generate ~$315MM of annual site Net Operating Income ("NOI") (~85% site NOI margin)”
confirms Fluidstack Deal Presentation
Quote: “Expected to generate ~$315MM of annual site Net Operating Income ("NOI") (~85% site NOI margin)”