Core42 60 MW lease
Company: TeraWulf - Project: Lake Mariner Anthropic AI Factory
The claim, verbatim
60 MW contracted to Core42 at Lake Mariner, online 2025/2026; ~$1.0B total contracted revenues.
Source (primary)
Investor Presentation (IR page (investors.terawulf.com), ir_presentation)
View cached copy (2026-10-06)Live source ↗Archive.org ↗
Quote: “60 MW contracted to Core42 (online 2025/2026)”
How we checked this
Checked on October 14, 2026. The cited source supports every part of this claim.
The deck lists 60 MW leased by Core42 at Lake Mariner, online 2025/2026, with ~$1.0B in total contracted revenues.
Confirmed in the source:
- 60 MW is contracted to Core42
- The Core42 capacity is at the Lake Mariner Campus
- The Core42 capacity is expected online in 2025/2026
- The Core42 lease carries ~$1.0B in total contracted revenues
What we did: Read our cached copy of IR page (investors.terawulf.com) (https://d1io3yog0oux5.cloudfront.net/_26c9692236622f11a71632d61560402c/terawulf/db/2396/23306/pdf/WULF_Q3_2025_Investor_Update_%28Nov_2025%29vF.pdf) in full (31,442 characters, retrieved October 6, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Investor Presentation
Quote: “60 MW contracted to Core42 (online 2025/2026)”
confirms Investor Presentation
Quote: “60 MW contracted to Core42 (online 2025/2026)”