Capex per MW

Subject kind: guidance
Statement date: 2025-08-14
Promised amount: 10000000.0 USD/MW
Current status: stated

The claim, verbatim

Capex of $8-$10 million per MW of critical IT load.

Source (primary)

Fluidstack Deal Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗

Quote: “Capex of $8-$10MM per MW of critical IT load”

How we checked this

Checked on October 13, 2026. The cited source supports every part of this claim.

The presentation states capex of $8-$10MM per MW of critical IT load.

Confirmed in the source:

Capex is $8-$10 million per MW of critical IT load

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: “Capex of $8-$10MM per MW of critical IT load”

View cached copy (2026-10-06)Live source ↗

Record of changes

October 6, 2026 — stated

Automated extraction from the cited source. Recorded automatically from the cited source when it was published, then queued for evidence review.

October 9, 2026 — stated

Review. statement_date 2026-10-06 was the source's retrieval date; source published 2025-08-14.